Topic filter : Jail Sentence

Most trending topics in Business & Finance ( last 24 hours ):
Counterfeit Supermarket Takeover Shareholder Tesco Mobile Banking Start-up Banking Profit McDonald Samsung Minimum Wage Employment Legal Action Sick Pay Holiday Brexit Wall Street Airline Partnership Passenger Financial Conduct Authority Investigation Scandal Serious Fraud Office Retailer House Price Average House Price Housing Market Fraud Supermarket Chain Pound Investment Middle East Amazon Wholesale Price Comparison Competition And Markets Authority Conservatives Conservative Arrears

Latest Finance News related to Jail Sentence

Debenhams tops government's shame list for underpaying staff image
Source : Guardian [Read Article] Wednesday 15th of February 2017 07:14:42 PM
.... We need to see strong unions in every workplace to stop these abuses from happening,” O’Grady said. The Unite union also called for tougher action against unscrupulous bosses of firms that underpay, including a new “wage theft” offence, as exists in the US, punishable with a jail sentence. ...
Lloyds must compensate the victims of the £245m HBOS scam – fast | Nils Pratley image
.... It has said it will appoint an independent outsider to consider compensation payments to those small businesses who were victims of the fraudulent activities of Lynden Scourfield, the disgraced former head of HBOS’s impaired loans operation in Reading. From the moment last Thursday when Scourfield and five associates received combined jail sentences of 47-and-a-half years, it was obvious that Lloyds would have to take this step. ...
Lloyds apologises for 'distress' caused by £245m HBOS loan scam image
Source : Guardian [Read Article] Tuesday 7th of February 2017 12:45:49 PM
....Lloyds Banking Group has apologised for the impact of the £245m loan scam at HBOS and pledged to examine whether any of the small businesses affected should receive compensation. The bailed-out bank issued a statement following pressure from MPs and small businesses after the jail sentences totalling more than 47 years handed down last week to former senior HBOS manager Lynden Scourfield and five associates. ...
UK fraud hits record £1.1bn as cybercrime soars image
Source : Guardian [Read Article] Tuesday 24th of January 2017 07:01:40 AM
....1bn reported in the court system was recorded by accountants KPMG, which found that while the cost of fraud was higher the number of incidents was lower. Highlighting a dramatic rise in cybercrime, KPMG’s statistics included a £113m cold-calling scam for which the ringleader received an 11-year jail sentence in September. ...
Army of staff descends on Davos to serve WEF super-rich image
Source : Guardian [Read Article] Friday 13th of January 2017 04:43:08 PM
....The managing director of the International Monetary Fund (IMF) is a firm fixture at the WEF, and will participate in at least three panels at this year’s conference including “Squeezed and Angry: How to fix the middle-class crisis”, and another on how to “challenge stereotypes and institutional inertia to achieve gender parity within our lifetimes”, as well as being keynote speaker on the wider challenges facing the economy this year. Lagarde, formerly a French minister, was recently found guilty of negligence in approving a massive payout of taxpayers’ money to controversial French businessman Bernard Tapie but avoided a jail sentence. ...
Catching up image
Source : BBC [Read Article] Wednesday 21st of December 2016 12:42:41 AM
....And what really surprised teachers was that he called them back, to get details of the real-life problems with leaking buildings and unpaid salaries. As Argentina's education minister he has tried to protect the status of teachers - with a proposal that anyone physically or verbally attacking a teacher should face a higher tariff in fines or jail sentences. ...
Christine Lagarde avoids sentence despite guilty verdict in negligence trial image
. Christine Lagarde has been found guilty of negligence in approving a massive payout of taxpayers’ money to controversial French businessman Bernard Tapie but avoided a jail sentence. ...
'I took drugs every day' image
Source : BBC [Read Article] Monday 12th of December 2016 12:03:03 AM
Rio Tinto suspends executive as it investigates Guinea payments image
Source : Guardian [Read Article] Wednesday 9th of November 2016 11:51:34 AM
.... It previously had to give up part of the iron ore deposit in Guinea – the world’s largest untapped resource of the steelmaking ingredient – to BSG Resources, a Guernsey-registered company controlled by the Israeli billionaire Beny Steinmetz. BSG’s multibillion-dollar deal with the Guinean government later became the subject of an international investigation and an agent for BSG received a jail sentence. ...
Rolls-Royce 'made secret payments' image
Source : BBC [Read Article] Monday 31st of October 2016 05:01:05 PM
....The BBC understands there are more than 30 investigators working on a UK Serious Fraud Office investigation. Rolls-Royce could face large fines and employees - past or present - could face jail sentences if found guilty of any wrongdoing. ...
Prize catch image
Source : BBC [Read Article] Saturday 24th of September 2016 11:20:46 PM
.... But these people always had what they wanted," says Mr Salgado. Mr Rato faces a possible jail sentence of up to 10 years if found guilty of running and expanding the secret credit card system, and may be put on trial in at least three other cases. ...

How this majestic British bird was saved from the brink of extinction
 image
Source : Telegraph [Read Article] Saturday 6th of August 2016 05:00:00 AM
.... On the Black Isle, 16 red kites and six buzzards were found scattered across farmland; 16 of the birds had been poisoned. In November of that year a Norfolk gamekeeper, Allen Charles Lambert, received a suspended jail sentence for what was described as ‘England’s worst raptor-poisoning case’. ...
Libor rigging trial: Former Barclays bankers jailed image
Source : BBC [Read Article] Thursday 7th of July 2016 02:38:17 PM
. Four City traders have been ordered to serve jail sentences after being convicted of rigging the Libor rate. ...
LuxLeaks prosecutors seek jail term of 18 months for whistleblowers image
Source : Guardian [Read Article] Tuesday 10th of May 2016 01:07:24 PM
.... It’s disagreeable, but my job is to protect society against all abuse of the law,” he added. The maximum penalty available was a jail sentence of 10 years for the charges against the two whistleblowers, which include stealing documents, revealing business secrets and violation of professional secrets. ...
Former Barclays trader alleges bosses knew of Libor fix image
Source : Guardian [Read Article] Thursday 7th of April 2016 05:57:43 PM
....The SFO alleges the five men dishonestly agreed to procure or make submissions of rates into the dollar Libor-setting process which were false or misleading. Each count carries a maximum jail sentence of 10 years. ...
Jailed Libor trader Tom Hayes must pay more than £878,000 image
Source : Guardian [Read Article] Wednesday 23rd of March 2016 12:52:38 PM
. Tom Hayes, the former star trader serving an 11-year jail sentence for manipulating Libor interest rates, has been ordered to pay £878,806 after a court ruled the money was the proceeds of crime. ...
Libor trader transferred his half of house to wife before court case image
Source : Guardian [Read Article] Monday 14th of March 2016 06:41:47 PM
....The transfer of Tom Hayes’s half of a seven-bedroom country house to the wife of the convicted former City trader appears to have been a sham or a tainted gift, prosecutors told a hearing at the Old Bailey. Hayes was found guilty in August of conspiring to rig the benchmark Libor inter-bank lending rate and is serving an 11-year jail sentence. ...
Jailed Libor trader Tom Hayes seeks to keep Surrey home image
Source : Guardian [Read Article] Sunday 13th of March 2016 05:49:38 PM
. Tom Hayes, a former financial trader serving an 11-year jail sentence for conspiracy to rig Libor interest rates, will this week return to a London court in a multimillion-pound battle against prosecutors over assets that include a seven-bedroom country house. ...
Jailed Libor trader blocked from supreme court appeal image
Source : Guardian [Read Article] Tuesday 8th of March 2016 07:38:30 PM
. Tom Hayes, a former UBS and Citigroup trader serving an 11-year jail sentence for conspiring to rig Libor global interest rates, has been blocked from appealing to the supreme court against his conviction. ...
Serious Fraud Office boss gets two more years in the job despite Libor case failure image
.... . The SFO is in the midst of several major investigations including the ongoing probe into Libor-rigging, which last year resulted in an 11-year jail sentence for former City and UBS trader Tom Hayes. ...
Serious Fraud Office back in the dock after Libor acquittals image
Source : Guardian [Read Article] Friday 29th of January 2016 07:13:50 PM
.... While Farr can celebrate with his father, the Icap trio of Read, Wilkinson and Goodman have been charged with wire fraud by the US Department of Justice. These charges could lead to heavy jail sentences, and the US has issued an arrest warrant for Read, though the verdict at Southwark crown court makes their extradition unlikely. ...
Buy-to-let warning: Immigration checks apply from February 1 image
Source : Telegraph [Read Article] Thursday 28th of January 2016 09:53:18 AM
.... . A new Immigration Bill currently going through Parliament proposes jail sentences of up to five years for people who fail to carry out these checks, but this hasn't yet been implemented. ...
Libor fraudster Tom Hayes describes prison life in series of letters image
Source : Guardian [Read Article] Sunday 3rd of January 2016 02:52:04 PM
.... Hayes’s sentence is one of the longest prison terms on record for UK white-collar crime. Related: Libor trader Tom Hayes loses appeal but has jail sentence cut to 11 years. ...
Crossing the green line: The first cannabis company on Wall Street image
Source : Telegraph [Read Article] Thursday 31st of December 2015 02:44:50 PM
.... “The environment was very different then. They were raiding dispensaries; people were getting serious jail sentences of 10 to 15 years. ...
Trader has rate-rigging sentence cut image
Source : BBC [Read Article] Monday 21st of December 2015 02:40:50 PM
. Former City trader Tom Hayes has had his jail sentence for rigging global Libor interest rates cut to 11 years. ...
'Troll insurance' to cover the cost of internet bullying image
Source : Telegraph [Read Article] Wednesday 9th of December 2015 03:17:33 PM
.... . In the UK, while there is no crime of cyber-bullying, there have been numerous convictions for online harassment, including jail sentences last year for two Twitter users who barraged Caroline Criado-Perez with abuse over her campaign to keep famous women on British banknotes. ...
Half-term holidays cost up to three times as much image
Source : Guardian [Read Article] Friday 23rd of October 2015 10:13:57 AM
....What the Guardian survey suggests is that the fines levied by schools – £60 per child rising to £120 if not paid within 21 days – are far below the savings some parents will make by taking their children away outside of term time. But in extreme circumstances, parents who do not cooperate with school term times can be prosecuted and hit with a fine of up to £2,500, a community order or a jail sentence of up to three months. ...
US peanut boss jailed over salmonella image
Source : BBC [Read Article] Monday 21st of September 2015 10:50:51 PM
'The biggest mistake in my life': how Gold Coast boiler room scams duped investors image
....It was from this milieu that Matthew Paul Crouch and Liam Joseph Carlisle, both still in their 20s, stepped up to run their multimillion-dollar scam. Each was given a 10-year jail sentence in the Southport district court last month. ...
Labour needs a leader who stands up to George Osborne’s cuts agenda image
Source : Guardian [Read Article] Sunday 9th of August 2015 08:00:04 AM
.... The law of unintended consequences is alive and well. Now this column has always had a soft spot for the underdog, and I hope I am not alone in feeling some sympathy for trader Tom Hayes, who was given a long jail sentence for his role in the Libor scandal. ...
Libor scandal: Discovering what lay behind Tom Haye's decision to rig interest rates image
.... Yesterday’s outcome will help rebuild transatlantic co-operation. His fear of a US jail sentence prompted him to “tell-all” to the SFO to ensure he faced charges in the UK. ...
How does Tom Hayes' Libor scandal sentence compare with that of other convicted bankers? image
. Tom Hayes, the former trader convicted of fraud for manipulating Libor, now faces a 14-year jail sentence. ...
'Near miss' prompts UK drone warning image
Source : BBC [Read Article] Tuesday 21st of July 2015 11:33:59 PM
....Drone owners must be aware of the rules and regulations surrounding the flying of their craft, he said. Recklessly endangering an aircraft is a criminal offence, said Mr Johnson, and those convicted could face a five-year jail sentence. ...
BUSTED: The most blatant insurance scams uncovered by fraud police image
Source : Daily Express [Read Article] Monday 13th of July 2015 12:56:00 PM
.... But months later a picture of his future wife wearing the ring appeared on Facebook. He received a six month suspended jail sentence. ...
Punishing banks will not make bankers behave better image
Source : Telegraph [Read Article] Wednesday 10th of June 2015 06:12:28 PM
.... . Central to the so-called Fair and Effective Markets Review (FEMR) - which was led by Deputy Governor Minouche Shafik - is the desire to increase maximum jail sentences for market abuse to 10 years from the current seven (despite the fact no banker has ever been jailed for this to date), and extending the range of financial markets that will carry prison sentences if they are rigged. ...
The 'age of irresponsibility is over' says Bank of England head as he promises crackdown on rogue traders image
.... . The Bank published the Governor's speech as it recommended tougher rules for the City and longer jail sentences for those who attempt to manipulate markets. ...
Alan Bond in intensive care in Perth hospital after heart surgery image
Source : Guardian [Read Article] Wednesday 3rd of June 2015 08:35:19 PM
.... She died in 2012. Bliss stood by her husband during his jail sentence, making regular trips to prison to visit him. ...
Libor trial: Brokers asked for lager or Dom Perignon in exchange for rigging Libor for trader, court hears image
....” . Hayes, of Fleet, Hampshire, denies eight counts of conspiracy to defraud, an offence that carries a maximum jail sentence of 10 years. ...
Libor trial: Tom Hayes accused of being a
.... . Mr Hayes, who denies eight counts of conspiracy to defraud, an offence that carries a maximum jail sentence of 10 years, is the first person to face trial in the global rate-rigging scandal, which has seen banks fined more than £5bn. ...
First Libor defendant faces trial in London image
Source : Guardian [Read Article] Monday 25th of May 2015 04:43:22 PM
....The case is seen as a crunch test for the Serious Fraud Office, whose reputation has been battered after a series of high-profile mishaps, including the collapse of a costly inquiry and accidentally sending bags of confidential papers to the wrong witness. Hayes faces eight counts of conspiracy to defraud covering 2006-10, offences that carry a maximum jail sentence of 10 years. ...
'Lord' Edward Davenport sells sex party mansion to pay SFO image
Source : Independent [Read Article] Thursday 21st of May 2015 12:33:46 AM
.... Now the central London mansion of convicted fraudster “Lord” Edward Davenport is in the spotlight again – to demonstrate that fraud does not pay. The self-styled “Lord” Edward was forced to sell the 24-bed property, used in the film The King’s Speech, to repay court asset-confiscation and compensation orders and avoid a further 10-year jail sentence, the Serious Fraud Office (SFO) has announced. ...
.... . The self-styled “Lord” Edward was forced to sell the 24-bed property, used in the film The Kings Speech, as well hosting the fraudsters glamorous parties, to repay court asset-confiscation and compensation orders and avoid a further 10-year jail sentence, the Serious Fraud Office (SFO) announced yesterday. ...
High Court rules 'flash crash' trader Sarao poses a clear flight risk image
Source : Independent [Read Article] Wednesday 20th of May 2015 04:33:52 PM
....The US Justice Department claims Mr Sarao and his company, Nav Sarao Futures Limited, made £26m illegally by manipulating the market over a five-year period. He faces 22 charges including wire fraud, commodities fraud and market manipulation and faces long jail sentences if convicted. ...
China group 'stole US trade secrets' image
Source : BBC [Read Article] Tuesday 19th of May 2015 06:14:17 PM
....". If convicted the six face long jail sentences, but the BBC's Barbara Plett says it is difficult to see how the bulk of the group will be prosecuted. ...
Source : Independent [Read Article] Thursday 7th of May 2015 12:27:38 AM
. Outlook When he’s not fighting jail sentences in Egypt – it related to Sainsbury’s attempt to open stores there in 1999 – the grocer’s chief executive Mike Coupe has been running a surprisingly successful business. ...
Flash crash trader: I've done nothing wrong - apart from being good at my job image
.... . The charges that Mr Sarao is facing come with a maximum jail sentence of 380 years. ...
Sainsbury's results likely to confirm UK supermarket woes image
Source : Guardian [Read Article] Sunday 3rd of May 2015 05:07:28 PM
.... Rivals Morrisons, Asda and Tesco are also cutting thousands of jobs. When he presents the results, Coupe is likely to face questions over the two-year jail sentence for embezzlement handed down to him in Egypt last week. ...
Sainsbury’s chief executive Mike Coupe sentenced to jail in Egypt image
Source : Independent [Read Article] Wednesday 29th of April 2015 09:04:59 AM
. Struggling sales, job losses, food scares: of all the things the Sainsbury’s chief executives might be expected to face on day, a two-year jail sentence in Egypt is probably not one of them. ...
'Flash crash' trader vows to fight extradition to the US image
Source : Independent [Read Article] Wednesday 22nd of April 2015 08:16:25 PM
....” Judge Purdy said Mr Sarao’s bail conditions included living and sleeping at his home address with an electronic tag monitoring his curfew from 11pm to 4am, surrendering his passport and the passports of his parents, reporting to a police station three times a week, not using the internet and not attempting to leave the country. The judge warned Mr Sarao that he was facing serious criminal charges and that, if convicted, he could face a lengthy jail sentence. ...
Nina Ricci heiress jailed for hiding millions from French tax authorities with Swiss HSBC image
. Britain has come under renewed criticism for its failure to prosecute tax evaders hiding cash at HSBC’s Swiss arm, as a French court handed down a jail sentence to the heiress of the Nina Ricci fashion and perfume fortune for the same crime. ...
Torex Retail fraudster faces unlimited fines image
Source : Telegraph [Read Article] Tuesday 24th of March 2015 02:24:23 PM
.... . Torex Retail’s former chairman, Robert Loosemore, and chief executive, Christopher Moore, also received jail sentences for their parts in the fraud. ...
India's economy 'about to take off' as Finance Minister unveils budget that puts boosting growth before painful reforms image
....Mr Jaitley promised higher investment in India’s decrepit roads and railways, offered the carrot of tax cuts to global firms and the stick of tighter rules to get Indian tycoons to invest at home rather than stash wealth abroad. Tax evaders face jail sentences of up to 10 years, he warned. ...
Greece is on a fast track out of the euro image
Source : Telegraph [Read Article] Saturday 14th of February 2015 02:39:28 PM
.... As a believer in the old adage that, if something looks too good to be true, it almost certainly is – “there had to be a catch”, as he puts it – Lord Alliance wisely declined the stockbroker’s offer. Unfortunately for them, others didn’t, and some of them paid the price by serving jail sentences. ...
Twitter still ‘sucks’ at protecting users from abuse, says CEO image
Source : Independent [Read Article] Thursday 5th of February 2015 02:00:48 PM
....Costolo said that the site was going to “start kicking these people off right and left and making sure that when they issue their ridiculous attacks, nobody hears them”. Twitter has long admitted that it hasn’t been able to do enough to stop trolling and online abuse, after a run of stories of such attacks and the first jail sentence for an online troll. ...
Source : Independent [Read Article] Thursday 8th of January 2015 01:39:11 AM
.... And, for the most part, they find it impossible, to get another job anywhere near equivalent to the one they have left. Mr Deltour should be given Luxembourg’s equivalent of the Legion d’honneur, not the potential 10-year jail sentence his lawyer says he faces. ...
Hong Kong billionaire sentenced to five years jail  image
Source : BBC [Read Article] Tuesday 23rd of December 2014 05:35:02 AM
.... . Hui, 66, is also facing a jail sentence after being found guilty on five of the eight charges against him. ...
Former JJB chief Chris Ronnie jailed for four years image
Source : Telegraph [Read Article] Monday 15th of December 2014 10:25:59 AM
.... . A former director of JJB told The Telegraph the jail sentence represented “retribution and closure” for the 10,000 staff who worked for the retailer when Mr Ronnie was in charge. ...
Brazil company executives charged in Petrobras scandal image
Source : BBC [Read Article] Thursday 11th of December 2014 11:57:32 PM
.... . Mr Costa has been giving police and prosecutors information in return for the prospects of a lower jail sentence. ...
Glaxo sharpens axe to save £1bn as insurers and rivals turn up heat image
Source : Independent [Read Article] Sunday 30th of November 2014 11:43:54 PM
....It comes after a torrid autumn for Glaxo in which it was hit with a record $489m (£304m) fine for corruption in China. Several executives were given suspended jail sentences. ...
BoE: Avoiding jail
Source : Telegraph [Read Article] Thursday 20th of November 2014 03:03:49 PM
.... His comments came on the same day as RBS was fined £56m for failures that led to an IT meltdown in 2012, and a week after penalties were imposed on six US and UK banks for their part in trying to manipulate foreign exchange rates. The Bank of England's deputy governor Minouche Shafik said this week that potential jail sentence are the best deterrent for reining in bad behaviour at banks. ...
Former Landsbanki chief executive given jail sentence image
Source : Guardian [Read Article] Wednesday 19th of November 2014 05:39:47 PM
...
Iceland jails ex-Landsbanki boss for role in 2008 crisis image
Source : BBC [Read Article] Wednesday 19th of November 2014 04:47:10 PM
...."This sentence is a big surprise to me as I did not nothing wrong," Sigurjon Arnason told Reuters. The former chief executives of Iceland's two other big banks, Glitnir and Kaupthing, have already received jail sentences. ...
Source : Independent [Read Article] Monday 3rd of November 2014 04:58:08 PM
.... In fact it was estimated he had done £60,000-worth of work on her bungalow and charged her some £530,000. He was given a six year jail sentence earlier this year but it’s a sad fact that the crime was only discovered when his victim was forced to ask a neighbour for money to buy food. ...
Manuel Noriega case against Call of Duty is dismissed image
Source : BBC [Read Article] Tuesday 28th of October 2014 07:19:33 PM
....". Noriega is currently serving a jail sentence in Panama for crimes committed during his time in power, including the murder of critics. ...
Bank of England launches wide-ranging review of London's markets image
Source : Telegraph [Read Article] Monday 27th of October 2014 07:18:50 PM
.... . Last month, the Treasury said traders who manipulated key oil, gold and currency benchmarks would face the same huge fines or jail sentences as those who attempted to rig Libor and Mr Osborne has pledged to "have the new regime in place by the end of the year". ...
'Scrap ban' on term-time holidays image
Source : BBC [Read Article] Thursday 23rd of October 2014 11:03:31 PM
.... . Parents who fail to pay could face prosecution and a maximum fine of £2,500 or a jail sentence of up to three months. ...
Top private schools 'unwittingly take laundered money from criminals' image
Source : Independent [Read Article] Thursday 16th of October 2014 06:32:58 PM
....The lack of mandatory checks on the provenance of school fees means it is difficult to gauge how much might be based on dirty money. However, Mr Barrington cited the example of James Ibori, the Nigerian who received a 13-year jail sentence after admitting fraud, who paid for his children to be educated privately in the UK. ...
Reckless bankers 'still at the best golf courses' says Bank of England governor Carney image
....But he warned that new stricter legislation was now important. And the 49-year-old governor made clear that board members who were unhappy with new rules meaning they could face jail sentences for banks' wrongdoing ought to resign. ...
Carney tells bankers to embrace new rules or quit image
Source : Telegraph [Read Article] Sunday 12th of October 2014 08:57:30 PM
....” . Mr Carney’s broadside comes after it was reported that two of HSBC’s most senior executives were poised to quit as part of a pushback against new misconduct rules that mean reckless bankers face a maximum jail sentence of seven years. ...

Page rendered in 1.7271 seconds.