Financial scandal

Business

Fraud value doubles and continues to increase in the UK

The majority of the scams targeting consumers are happening on social media, according to a new report.

20/02/2024

Vatican

Top Cardinal gets Vatican jail term following financial fraud trial

The trial of Cardinal Angelo Becciu, a former close advisor to Pope Francis, has come to an end following some 2 years of hearings.

16/12/2023

Money

What is happening with Binance? The SEC lawsuit explained

According to a lawsuit filed by the US SEC, Binance and its founder have mishandled funds and violated US securities laws.

06/06/2023

Germany

Ex-Wirecard boss and two former executives on trial for fraud

The collapse of the financial services company Wirecard has been described as the biggest case of fraud in post-war Germany.

08/12/2022

Germany

Former executives on trial in Germany's biggest post-war fraud scandal

The financial scandal cost German banks an estimated €3.1 billion in loans and writedowns.

08/12/2022

USA

Trump finance chief pleads guilty to 15 counts of tax fraud

Allen Weisselberg had faced years in prison if he went to trial and was found guilty of the offenses. Now he might give evidence in a future court case involving Trump's business empire.

19/08/2022

Germany

Germany's Chancellor Scholz faces grilling over financial scandal

Investigators are looking into whether political leaders - among them Olaf Scholz - pressured Hamburg's municipal tax office into waiving tens of millions of euros in tax fees.

19/08/2022

Germany

Ex-CEO of Wirecard charged with fraud by German prosecutors

The financial payments company collapsed in 2020 amid allegations that much of its revenue and assets were faked.

14/03/2022

Tech News

Pandora Papers: Everything you need to know about the bombshell leak

Involving 29,000 offshore companies and €9.7 trillion in hidden wealth, the explosive Pandora Papers have exposed attempts by 330 politicians and personalities to avoid tax.

07/10/2021

Tech News

Evergrande: What will happen if the property giant collapses?

The Chinese property group has sparked fears it could default on its €240 billion debts, but analysts say it's unlikely to cause a global crisis.

21/09/2021

Living

#FreeBrittany: Printing error leaves man ‘stuck’ with 10,000 t-shirts

Though the error may seem amusing, it speaks to a larger problem with fast fashion and activism.

15/07/2021

Germany

Angela Merkel denies lobbying for Wirecard on 2019 trip to China

Wirecard collapsed last June amid a major accounting scandal that left a €1.9 billion hole in its books.

23/04/2021

USA

Disgraced US financier Bernie Madoff dies in prison

Bernie Madoff, the disgraced financier who defrauded thousands around the world in the biggest Ponzi scheme in history, died at the Federal Medical Center in Butner, North Carolina, on Wednesday.

14/04/2021

Vatican

Vatican cardinal denies wrongdoing after resigning over money scandal

Cardinal Angelo Becciu told reporters his conscience was clear and that he was ready to speak to prosecutors, a day after being asked by Pope Francis to step down

25/09/2020

Spain

Spain's King Felipe VI renounces inheritance from father amid scandal

The royal house said in a statement that in addition to renouncing his inheritance, Felipe is stripping Juan Carlos of his annual stipend.

15/03/2020

United Kingdom

Euroviews. The challenge for the SFO now is showing how different it is after the failed Barclays case ǀ View

A jury clearing three Barclays executives of fraud was a bad result for the Serious Fraud Office (SFO). The failed prosecution was the legacy of the agency’s previous director. But seems to be little indication that the SFO’s new regime is making progress.

06/03/2020

United Kingdom

Euroviews. Zamira Hajiyeva’s case shows the damage that can be done when English courts are at odds ǀ View

How does the English judicial system permit, on the one hand, an English so-called ‘McMafia’ order [...] to be made against Azerbaijani national, Zamira Hajiyeva, forcing her to reveal her wealth and how it was obtained, yet, on the other hand, deny Azerbaijan’s request for her extradition.

04/10/2019

Haiti

Haitian capital halted as protesters call for president to quit

Haiti's capital has been brought to a standstill by protesters calling for the resignation of the country's president, after allegations of corruption.

15/06/2019

USA

USC puts hold on accounts of students tied to admissions scandal

The daughters of actress Lori Loughlin, who has been charged in alleged scam, are students at the school.

19/03/2019

USA

Trump forced to close charity over misuse of funds claims

Trump's troubled charitable foundation agrees to close over alleged misuse of funds. New York Attorney General to oversee the distribution of its remaining monies.

19/12/2018