Tag Archives: serious fraud office
SFO to investigate banks over mis-selling of complex products
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 […]
U.K. Probing Hedge Funds, Structured Finance Amid Fraud Concern
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
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 […]
Properties Searched in UK/Cayman Hedge Fund Investigation
West Palm Beach (HedgeCo.net) – The UK Serious Fraud Office, (SFO) Friday conducted searches on two residential properties (one in Kent, the other in Surrey) assisted by the City of London Police, in connection with its investigation into an alleged […]
