Calls for bank forgery claims to be investigated by authorities July 9, 2019 The chair of an influential committee of MPs has demanded that allegations of banks forging signatures should be investigated. Nicky Morgan, who chairs the Treasury Select Committee, has called on the City’s watchdog, the Financial Conduct Authority (FCA), and the National Crime Agency (NCA) to probe claims that home repossessions and other such documents have [...]
Arron Banks apologises for Leave.EU anti-German Angela Merkel tweet that ‘went too far’ October 9, 2019 Leave.EU founder Arron Banks apologised today for an anti-German tweet featuring chancellor Angela Merkel that was published by the pro-Brexit group. The tweet featured a picture of Merkel next to the tagline: “We didn’t win two world wars to be pushed around by a kraut”. Banks, who initially defended the tweet which was posted yesterday, [...]
City Moves for 19 February – who’s switching jobs at Deloitte, Personal Group and BNP Paribas? February 19, 2019 Who’s on the move today? Deloitte Deloitte has appointed Chris Bostock as a director in its financial crime practice. With over 15 years’ experience, he joins from the economic crime team at the National Crime Agency (NCA) where he was the threat lead for money laundering. He led the joint money laundering intelligence taskforce, a [...]
Unexplained wealth orders: The UK’s newest weapon in the war against dirty money October 29, 2018 It’s not easy to spend £1.6m a year in Harrods. Head to the website of the iconic department store – a shopping staple for London’s extremely well-to-do – filter the gift selection by the aspirational “Over £2,000” category, then sort them from highest to lowest price, and the most expensive thing you will find is an [...]
Danske Bank investigation reaches UK shores ‘as crime agency opens probe’ September 21, 2018 The National Crime Agency (NCA) has launched an investigation into potential ties between a UK organisation and one of the world’s biggest ever money laundering scandals, it is reported. The probe, which is centred around Denmark’s biggest lender Danske Bank, is likely to focus on the role played by customers suspected of illicit activities using [...]
Danske Bank investigation reaches UK shores ‘as crime agency opens probe’ September 21, 2018 The National Crime Agency (NCA) has launched an investigation into potential ties between a UK organisation and one of the world’s biggest ever money laundering scandals, it is reported. The probe, which is centred around Denmark’s biggest lender Danske Bank, is likely to focus on the role played by customers suspected of illicit activities using [...]
Mystery banker’s wife loses anti-corruption order appeal in victory for National Crime Agency October 3, 2018 The high-rolling wife of an anonymous banker has been defeated in her push to overturn efforts by the National Crime Agency (NCA) to make her reveal how she was able to afford properties in Britain worth £22m. A High Court judge overturned an attempt by the woman, identified as Mrs A, to block the NCA’s [...]
London boss of foreign bank arrested over bribery investigation September 3, 2018 The head of an international bank’s UK arm has been arrested on suspicion of bribery, it emerged this afternoon. In comments made to a conference in Cambridge, the deputy director of the National Crime Agency (NCA)’s economic crime unit said that two senior individuals from a foreign bank’s London unit have been detained following a seven-month [...]
Leave.EU and Arron Banks’ insurance firm fined £120,000 for illegal marketing February 1, 2019 The Brexit campaign Leave.EU and Arron Banks’ firm Eldon Insurance have been fined a combined £120,000 for unlawful marketing. The Information Commissioner issued the fines and said it would audit both organisations over their handling of personal data. The ICO found the campaign and the insurer were “closely linked” and that customers’ details were illegally used [...]
Leave tycoon Arron Banks insists there is ‘no Russian money’ in Brexit campaign donations November 4, 2018 British millionaire and political donor Arron Banks has insisted there was "no Russian money" in the donations received by his controversial campaigns to leave the EU. Banks, a prominent Brexiter, was referred to the National Crime Agency (NCA) on Thursday by the Electoral Commission which said it had found evidence of "multiple suspected offences" committed during the [...]