Tag Archives: sfo


SFO to investigate banks over mis-selling of complex products

August 4, 2009 : Permalink

Citywire.co.uk – The Serious Fraud Office (SFO) is to probe UK banks for evidence that complex financial products were mis-sold to consumers before the recession hit. SFO director Richard Alderman plans to investigate the sale of complicated financial instruments like […]

UK fraud authority investigation into BVI company prompts wider probe of structured finance, swaps

August 4, 2009 : Permalink

Caribbean Net News – The UK Serious Fraud Office is investigating sales of credit-default swaps and structured-finance products, including collateralized debt obligations, prior to the credit crisis, following up an earlier investigation into a hedge fund and a related British Virgin […]

U.K. Probing Hedge Funds, Structured Finance Amid Fraud Concern

August 3, 2009 : Permalink

Bloomberg – The U.K. Serious Fraud Office is investigating sales of structured-finance products such as credit default swaps and collateralized debt obligations prior to the global financial crisis. The SFO is looking into whether banks that sold the products knew […]

Police plan hedge fund crime detector

May 21, 2009 : Permalink

Stuff – Britain’s Serious Fraud Office is building a warning system to help it spot hedge fund fraud, the head of the agency said. "We’re looking in particular at a system of red flags to give warnings in respect of […]