Ponzi fraudster’s assets confiscated31st Hyd 2019 | Case Updates
The SFO has today confiscated the realisable assets of Nicholas Levene, the former City trader who was found guilty of fraud in 2012. When Levene was handed a confiscation order in March 2013, due to bankruptcy proceedings, his available realisable assets totalled £1. Today, the SFO has confiscated approximately £118,000 of Levene’s assets.
SFO concludes investigation into LIBOR manipulation18th Hyd 2019 | Case Updates
The Serious Fraud Office today announced the closure of its investigation into LIBOR manipulation. Following a thorough investigation and a detailed review of the available evidence, there will be no further charges brought in this case.