Related topic: Fraud

Daryl Dylan directed two companies which were used to move more than £1.6 million to connected companies through unauthorised overdrafts in 2021.

The drop in enforcement activity coincides with growing evidence that mortgage fraud is both increasing and becoming harder to detect.

Fraudsters may try to sell the home to an unsuspecting buyer, take out a mortgage secured against it, or transfer ownership using forged documents.

The guide highlights the benefits of information sharing in protecting firms and clients, while strengthening the sector's collective response to economic crime.

MorganAsh has warned that AI is enabling an increased risk of customer vulnerability fraud, especially as awareness builds around regulation.

Currie faces a default prison sentence of up to three years if he doesn't pay within three months.

Consumers can use the tool to check if a firm is authorised and has the correct permissions to provide services.

Investors were offered impossibly high returns of 1.4% a day, 7% a week or 350% a year.

The FCA found he repeatedly misled investors about fund performance, concealed losses and used their money to buy property and support his lifestyle.

480 victims were duped into sending money to the fraudster.