Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion Banking The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a a golf club in Ascot, following a lengthy investigation by the National Crime Agency.
Election 2024: Dirty money ‘won’t create growth’, Labour candidate warns Battle for No10 Dirty money is “not going to create growth in this country”, a former anti-corruption campaigner-turned-Labour candidate has said.
Why the FCA will name firms we are investigating Therese Chambers and Steve Smart The FCA will name some firms that are subject to enforcement investigations to reassure people that rules are upheld and integrity enforced
If Hustle was on TV today, the first mark would be Boris Johnson April 25, 2024 Hustle aw corrupt bankers get their comeuppance in the wake of the financial crash. Today's villains aren't businessmen but politician
Cocaine: Drug kingpin found guilty of smuggling £132m-worth into Britain disguised as ink April 24, 2024 Jonathan Strogylos was found guilty at Isleworth Crown Court this week after being identified as the ringleader of a large-scale illegal operation.
Why the ‘McMafia’ law failed to root out kleptocrats’ ill-gotten gains April 11, 2024 A legal tool designed to sniff out illicit wealth was meant to help rid the City of dirty money. But it hasn't quite delivered the results the government might have hoped for, Ben Lucas reports
Former Tottenham Hotspur owner Lewis set to be sentenced this week over insider trading April 1, 2024 The former owner of Tottenham Hotspur Joe Lewis is this week set to be sentenced after pleading guilty to insider trading in the United States. The 87-year-old Londoner is due to learn his fate on Thursday 4 April when his sentence is handed down by US district judge Jessica Clarke in New York. He pleaded [...]
City of London awash with drug money, top MPs warn November 10, 2023 Illicit profits from the drugs trade are being “washed” in the City of London, a group of senior MPs have warned.
Will the Economic Crime Act tackle the UK’s £350bn fraud issue? October 26, 2023 The government's legislation designed to tackle economic crime received royal assent today after months of back and forth between the House of Commons and the House of Lords.
Rishi Sunak: UK shouldn’t ‘rush to regulate’ AI despite dossier of dangers October 26, 2023 Rishi Sunak has said the UK “shouldn’t be in a rush to regulate” the development of artificial intelligence (AI) despite a dossier of potential dangers laid out by the government. The Prime Minister made a speech on the risks and rewards of the new technology at the Royal Society this morning ahead of the UK’s [...]