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.

An accounts manager lied to investigators to try to hide the fact that restaurants had not given their staff workplace pensions.

Investment fraudster Mark Barry Starling was jailed for 5 years at Southwark Crown Court today.

Convicted sex offender Frank Cochran’s advisory firm has slumped into administration, according to the FCA register.