Crime

Hackers swipe millions from Eurozone banks Fallback Image Decorative pattern

Industry

Hackers swipe millions from Eurozone banks

Hackers nab millions from European banks, affecting more than 30,000 customers.

By Wire services |December 5, 2012

1 min read

Man runs $12 million Ponzi scheme Fallback Image Decorative pattern

Industry

Man runs $12 million Ponzi scheme

Kaveh Vahedi, a 51-year-old business owner and mortgage broker, has been keeping himself busy—and very rich—over the past few years.

By Staff |December 3, 2012

1 min read

UK regulator fines UBS £29.7 million Fallback Image Decorative pattern

Industry

UK regulator fines UBS £29.7 million

Following the sentencing of ex-trader Kweku Adoboli last week, Britain's financial regulator fined UBS £29.7 million ($47.6 million).

By Wire services |November 26, 2012

1 min read

Firm refuses to compensate elderly client: Ombudsman Fallback Image Decorative pattern

Industry

Firm refuses to compensate elderly client: Ombudsman

OBSI reports Octagon Capital Corporation has refused to compensate one if its elderly customers in the amount of $181,339.

By Staff |November 9, 2012

1 min read