Anti-Financial Crime & Financial Crime Compliance
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AML, Financial Crime, UK

UK’s Serious Fraud Office secures conviction in £100M (€118M) investment fraud scheme

By Elizabeth Hearst for AMLi

The UK’s Serious Fraud Office (SFO) has secured a conviction against an investment manager in a £100M (€118M) no-win-no-fee fraud scheme.

The investment manager was convicted by a jury at the Southwark Crown Court on five counts of fraudulent trading, fraud by abuse of position and money laundering on Tuesday. 

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