"This is about money leaving the account - looking across all logins into peoples accounts and identifying which accounts have been accessed by hackers and fraudsters. The focus therefore should not just be, as with most payment providers, on sending money into accounts" says Tim Thompson, CEO of NOIRE
Read moreProper Job, as they say in the West Country. Former owners of Crown Currency Exchange made the journey from the countryside to London to stand trial for their activities which contributed to the demise of the firm in 2010, with £20 million debt and only £3 million assets
Read moreA website called FXstreetoption.com is using FXStreet name and fame for fraudulous activity. They have plagerised “fxstreet” to enhance their credibility and mislead people, and FXStreet confirms that this binary options site is a scam company and has nothing to do with FXStreet
Read moreWhilst regulatory authorities around the globe tighten their rulings with regard to capital adequacy and the consequences of firm failure, the Maltese Financial Services Authority holds PwC responsible for Maltese Cross demise
Read moreOver three and a half years after the demise of MF Global as a result of improper transfers of client funds, the litigation continues with the CFTC having this week imposed a further $100 million civil monetary penalty over and above the $1.2 billion restitution order applied to the firm in March this year
Read moreCharlie Shrem has been sentenced to two years' imprisonment for indirectly helping retail customers swap cash for Bitcoins on the Silk Road marketplace
Read moreMassachusetts-based F-Squared, a marketer of index products using exchange-traded funds, began receiving algo-based signals from a third-party data provider in September 2008 indicating when to buy or sell an investment.
Read moreLaw enforcement agencies in Britain are beginning to arrest individual traders who were employed by banks involved in the FX rate manipulation, with British government officials and city veterans calling for more arrests and criminal prosecutions
Read moreBritish national daily newspaper the Guardian is reporting late this Friday afternoon that the UK's top fraud prosecutor has arrested a former City trader in relation to its criminal investigation into whether individual traders rigged the $5.3tn-a-day FX market. The Serious Fraud Office confirmed that it had arrested a man in Billericay, Essex, today with the help of the City of…
Read moreThe CFTC has ordered AlphaMetrix to pay restitution of $2.8 million and a civil monetary penalty of $2.8 million and requires AlphaMetrix Group to pay disgorgement of $2.8 million.
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