Unregulated Investments
Beware of Dubious Property Investment Schemes: A Warning for Law Firms and the Public
In recent years, fraudulent investment schemes have been evolving at an alarming rate, posingsignificant risks to both the public and law firms unwittingly involved in them. As scams adapt toprevious warnings, it becomes essential for all law practitioners to read and heed the followingwarning notice. This blog post aims to shed light on the dangers…
Read MoreThe Rise and Fall of a £70million Investment Scam
In a shocking case of financial deception, Anthony Constantinou, the mastermind behind a Ponzi-style investment scam, has been found guilty. Constantinou, the founder of Capital World Markets (CWM), promised investors lucrative returns on risk-free foreign exchange trades. However, instead of investing the funds as promised, he used new investors’ money to pay off existing investors.…
Read MoreShould Politics and Reputation Be Added to Due Diligence?
I read an article this week by Jeff Berkowitz, founder and CEO of Delve, a competitive intelligence firm. They help companies assess political and reputational risks. He raised an interesting and important question. Should investors add politics and reputation to their life of due diligence? Jeff’s answer to this is yes, and he makes a…
Read MoreInvestment Scammer Jailed for Nine Years
Clint Canning, a scammer who conned people out of £2.7million in an investment scam, has been jailed for 9 years. Canning, who also went by the aliases: Christian Beauchamp and Clint Foster, was also disqualified from being a director for 15 years for conspiracy to commit fraud. His wife, Eleise Wallace, was also found guilty…
Read MoreWhat are ‘Pig-Butchering’ investment scams?
The latest phenomenon in the world of investment scams has a rather unusual yet striking name. ‘Pig-butchering’ scams. It was reported this week that scammers are conning Brits out of their life savings from scam companies based in ‘prisonlike’ compounds in South-East Asia. Thousands of crypto investors across the world have been defrauded out of…
Read MoreBernie Madoff and his $64billion Dollar Ponzi Scheme
By now, you must have heard the name Bernie Madoff. The disgraced Wall Street financier and former chairman of NASDAQ who ran the largest scale Ponzi scheme ever known. The scale of it so large, that he has been referred to as a ‘financial serial killer’. However, he was already an established and successful businessman.…
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