Updating the bizarre story of Questus Global Capital Market, a New Brunswick-incorporated, GXG-listed, New-Zealand-FSP-brokered company of monstrously fraudulent aspect that had apparently ensnared a Malaysian billionaire, various US-based small businesses and retail investors, and a couple of princes from the royal families of Kuwait and Abu Dhabi.
Read more...Yves here. Richard Smith is on the trail of what looks to be his biggest international scam find ever, orders of magnitude larger than the usual below the radar single to low double digit million dollar/pound/euro operation that he has ferreted out in the past. And mind you, even though he focuses on the dubious […]
Read more...Power 8, Sponsor of Everton FC, Fulham FC and RCD Espanyol, is a $250Mn Pyramid Fraud.
Read more...Why is it Groundhog Day? Back in 2011, I wrote a seriously messy blog post about dodgy New Zealand FSPs (Financial Services Providers), their dodgy web sites and people and addresses, and the evidently nonexistent oversight of all of this by the NZ Ministry of Economic Development and the NZ Companies Office. To my surprise, […]
Read more...How modest homes in some of Scotland’s poorest areas became prolific ‘company factories’, and how those companies were used in a giant Moldovan bank fraud
Read more...A case example of how Financial Times Moscow bureau reporters give advertorial promotion an oligarch applying to the City of London to raise debt and equity finance, buying London and country real estate; and deterring investigation of their business with British libel law firms.
Read more...The role of UK Partnerships in a $1Bn bank fraud in Moldova
Read more...While virtually no one expects a Brexit, history suggests would be naive to expect the upcoming negotiations between the UK and EU to be a cakewalk.
Read more...How Tony Blair sold deregulation, and why his bad prescription is so hard to kill.
Read more...Cameron thinks he’s riding a major victory, and he will now be called upon to deliver on his election promises, which just so happen to include a deepening and acceleration of austerity measures.
Read more...The UK election results provoked the Economist to reveal its racist tendencies.
Read more...By David Dayen, a lapsed blogger. Follow him on Twitter @ddayen While in this country somebody’s probably writing up an early analysis of the 2024 elections, for UK elections they do quick-strike campaigns only lasting a handful of weeks. And today voters cast their ballots in an election most observers agree will really get interesting […]
Read more...The CWM FX fraud bust, a murder, Princess Anne and some groping. It’s BAU in the world of sports sponsorship.
Read more...The Virgin Gold scam hits the press, along with London Capital and Bryan Cook
Read more...Fallout from the HSBC session of the Public Accounts in which Mossack Fonseca’s name cropped up and Margaret Hodge administered a few tongue-lashings
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