Met looks into Serious Fraud Office payments
The Metropolitan Police is looking into nearly £1m of secret severance payments signed off by the former head of the Serious Fraud Office.
Virtual currency: China detains three people in Bitcoin fraud
At least three persons have been detained in China for allegedly running a fraudulent online Bitcoin trading platform that left hundreds of investors with more than $4.1 million in combined losses.
Serious Fraud Office may launch RBS criminal probe
Britain's Serious Fraud Office is considering the possibility of launching a criminal investigation into allegations that Royal Bank of Scotland mistreated struggling small businesses, the Financial Times reported on Tuesday, citing five people familiar with the matter.
Banks fined record €1.7bn over benchmark interest rate rigging cartel
The already battered reputation of banks took an expensive new hit yesterday when the European commission slapped a record €1.7bn (£1.4bn) fine on six firms – including the bailed-out Royal Bank of Scotland – for colluding to fix key interest rate benchmarks.