The willful arrest of Italian Giovanni di Stefano, 55, was carried out on February 14 in Spain on a European arrest warrant. He was dubbed as the “devil’s advocate” for representing in court the most notorious criminals including Iraq’s biggest tyrant, Saddam Hussein, who was overthrown in the 2003 US-led invasion and hanged in December […]

The 53-year-old multimillionaire, Richard Pope, is confronted by up to 20 years in jail after conceding to allegations of having conned thousands of British pensioners out of their life savings. His guilty plea was stated at a district court in Florida. One of his sorry victims alone lost more than £800,000 in this rip-off that […]

The 26-year-old midfielder for Aston Villa, Stewart Downing, was compelled to reveal in court how he spent his income in a trial against his former football agent. The accused Ian Elliot, from Foxhills Covert, Whickham, Gateshead, was said to have been representing Downing from 2001 until he was booted out in the year 2008. It […]

Brothers Robert and Vincent Tchenguiz were arrested in a raid from their offices in central London this morning, as part of an investigation into Icelandic bank Kaupthing’s collapse. The Serious Fraud Office (SFO) has been working together with the Icelandic authorities for more than a year now, investigating possible reasons that might have caused considerable […]

Francisco Illarramendi, a Connecticut financial adviser who formerly worked for Venezuela’s state-run oil company, acknowledged to running a Ponzi scheme involving hundreds of millions of dollars. On top of other existing civil fraud charges for misappropriating investor funds, he pleaded guilty on Monday to multiple counts of wire, securities and investment advisor fraud, and counts […]

Bringing to a close a longwinded investigation by HM Revenue and Customs (HMRC) officials, the 45-year-old businessman, Saleem Khan, was brought to concede to the crime of import duty evasion fraud at Manchester Crown Court on Friday. Khan, along with seven other men from Bolton who have earlier already pleaded guilty to the same scam, […]

Nicholas “Beano” Levene dubbed as the “runaway banker” faces criminal charges on 11 counts of fraud by misrepresentation, two offences of possession of an article for use in fraud, two counts of money laundering and one of false accounting after a fairly expansive 15-month investigation by the Serious Fraud Office (SFO). Mr. Levene earned his […]

Two Romanian nationals, aged 23 and 25, were arrested and placed under interrogation after a police raid on a fraud factory alleged to be responsible for credit card scams now rampant all across UK. Equipment supposed to have been instrumental in these crimes was found in a flat in Harrow, north-west London. Between the months […]

Nick Webber, a 19-year-old from Southsea, Hampshire, has been jailed for five years after running a notorious cybercrime forum. The Ghostmarket market has flaunted 8,000 memberships and made possible an array of crimes which included selling stolen credit cards and other personal details. In October 2009, a bust performed by police disclosed a database containing […]

There has been a dismally slight number with only 16 arrests so far on the electricity key scam, in spite of the fraud being widespread in major UK towns and cities. Investigations have shown that an alarming number of approximately 125,000 people have bought illegal ‘top-ups’ for their meters from gangs offering electricity at half […]