Kweku Adoboli linked with unauthorized trades
Fraudsters gain access to an investor’s email account and then email instructions to their brokerage firm to transfer money
Awareness must be heightened after an advisor in the U.S. is alleged to have used social media to sell fraudulent securities
Bank account was integral to a US$1.2 billion Ponzi scheme
Fraud trial is expected to last more than six months
Canada’s multi-jurisdictional regulatory system makes it difficult to determine the possible scope of criminal infiltration
U.S. regulator issues warnings on social media
Many Canadians fall prey to fraudulent charitable requests during the holidays
The Tax Court has ruled that the innocent beneficiary of a Ponzi scheme does not owe taxes on her winnings
The Financial Consumer Agency of Canada offers these tips