The City of London Police have recovered £3m from a former Hertfordshire-based HBFS Financial Services boss who was found guilty of running a Ponzi-scheme in 2018.

Financial Planners and advisers sometimes believe themselves to be part of an entirely honourable profession. The facts suggest otherwise but are a few bad apples ruining the whole bunch?

Victims of £14.5m fraudster Freddy David could be in line for compensation after the Financial Services Compensation Scheme (FSCS) declared his firm in default.

Wealth manager Freddy David has been jailed today for six years for defrauding 55 victims out of £14.5m in a Ponzi scheme.