For clients looking to sell down their property portfolio in the wake of changes to the buy-to-let taxation regime, the ability to defer any CGT due makes investing in an EIS a useful tax-planning option, explains Jack Rose. Read more.
Police say they believe those affected were defrauded out of nearly £15 million. Read more.
A man from Hoddesdon has been jailed for his part in a scam which defrauded investors of thousands of pounds. Read more.
54 people have been arrested in connection with an unlicensed investment Ponzi-style business, involving a luxury car scam, in Abu Dhabi. Read more.
Diamond investment coldcalling scammers flogged gems at a 745% mark-up. Read more.
Paypal users are warned to watch out for a clever new email scam.
A young woman who tricked a string of lonely hearts into sending her more than £100,000 in an online dating scam is facing jail. Read more.
A fraudster who spent his ill-gotten gains on flash cars and luxury holidays has been jailed after the longest criminal trial in UK legal history. Read more.
An Italian wine firm boss behind a £45 million tax scam is the target of an international manhunt. Read more.
The Financial Conduct Authority (FCA) has secured confiscation orders against eight men convicted of fraud who took over £5m from more than 100 investors through an unauthorised investment scheme focused on agricultural land that had been described by a high court judge as a “very substantial and deliberate fraud on the public.” The victims of the scam will receive almost £2.2m in compensation – about 40% of the money they lost. Read more.