Category Archives: Eitemau newyddion

• Weavering Hedge Fund: criminal charges

  14th Rhag 2012 | Eitemau newyddion

  Ulf Magnus Peterson, the founding director of Weavering Capital (UK) Limited, was charged with six offences in relation to an investment fraud.

• LIBOR: three arrested

  11th Rhag 2012 | Eitemau newyddion

  Today the Serious Fraud Office executed search warrants in connection with the investigation into the manipulation of LIBOR.

• Stockbroker jailed for “Ponzi” fraud

  5th Tach 2012 | Eitemau newyddion

  Former stockbroker, Nicholas Levene, was sentenced to 13 years after pleading guilty to fraud, false accounting and obtaining a money transfer by deception.

• Asil Nadir ordered to pay £5 million

  2nd Tach 2012 | Eitemau newyddion

  Asil Nadir was ordered to pay £5 million compensation to Polly Peck International Plc in respect of losses suffered by the company.

• Kaupthing Bank

  15th Hyd 2012 | Eitemau newyddion

  The Director of the Serious Fraud Office has discontinued the investigation into the circumstances surrounding the collapse of Icelandic bank Kaupthing hf

• Firearms merchant jailed for “Ponzi” style fraud

  17th Medi 2012 | Eitemau newyddion

  Andrew Litt, former director of D J Litt (Firearms) Limited, was sentenced after pleading guilty to fraudulent trading in relation to a “Ponzi” style fraud.

• Three jailed for £10 million fraud on Majorca ex-pats

  31st Awst 2012 | Eitemau newyddion

  John Hirst, Richard Pollet and Linda Hirst were sentenced to up to nine years’ in prison, for their roles in an investment fraud relating to Giller Inc.

• Asil Nadir sentenced

  23rd Awst 2012 | Eitemau newyddion

  Asil Nadir has been sentenced to ten years’ imprisonment. This follows his conviction this week of the theft of nearly £29m from Polly Peck International.

• Asil Nadir found guilty

  22nd Awst 2012 | Eitemau newyddion

  Asil Nadir has been convicted of stealing millions of pounds from Polly Peck International. The fraud was conducted between 1987 and 1990.

• Guilty verdicts in £10m fraud trial

  13th Awst 2012 | Eitemau newyddion

  John Hirst, Richard Pollett and Linda Hirst were convicted in relation to a “Ponzi” fraud. The company Giller Inc was used to siphon off around £5 million.

• Kaupthing: Judicial review judgment

  31st Gor 2012 | Eitemau newyddion

  Kaupthing: The High Court handed down judgement following judicial review proceedings brought against the SFO by Robert and Vincent Tchenguiz

• LIBOR: Criminal offences are capable of covering conduct

  30th Gor 2012 | Eitemau newyddion

  David Green QC (DSFO), is satisfied that existing criminal offences are capable of covering conduct in relation to the alleged manipulation of LIBOR.