£2.8 Million Oil Scam Director Faces Ban

disqualified director scam

The world of finance is riddled with tales of deceit, swindling, and the exploitation of trust. One such story that has come to light recently involves disqualified director, Kenneth James Campbell, a 52-year-old from Glasgow, who orchestrated a sophisticated investment scam that left many innocent investors in financial ruin. Reassuringly, there are occasionally consequences for…

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Unmasking Online Scams: The Martin Lewis Impersonation

martin lewis scam

The internet has revolutionised the way we live, work, and communicate, offering countless opportunities and conveniences. However, with this digital revolution comes the dark side – online scams. These scams can range from simple phishing attempts to elaborate schemes that prey on people’s trust. One such case is the story of Lisa, a victim who…

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Major UK Bank Warns Investors of Online Scams and Fraud

online scams and fraud

Major UK bank TSB has called on social media giant Meta to take action against the rising wave of investment fraud and online scams on its platforms. Specifically, TSB has revealed that the scale of social media scams on Facebook, WhatsApp, and Instagram is massive. Accounting for 80% of fraud cases. As a result, with…

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Swindlers and the power of persuasion

Fraudsters use the power of persuasion

Several posts have referenced convicted fraudster Elizabeth Holmes recently because the Theranos scandal is a good example of how the power of persuasion can lead to innocent investors losing substantial amounts. Many of those who invested in Theranos were shrewd and experienced. And yet, they were completely unaware of the fraud taking place under their…

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Lessons to learn from the Theranos investment fraud

Lessons to learn from the Theranos investment scandal

An interesting article in the San Diego Union-Tribune explores the issue of due diligence in the Elizabeth Holmes and Theranos investment fraud case. Author Neil Senturia offers amateur investors sound advice about the unregulated investment market. In his article, Senturia claims that: “… talking to a group of wealthy investors confirmed my suspicion that there…

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Theranos CEO Elizabeth Holmes found guilty of investor scam

High-profile CEO Elizabeth Holmes found guilty of fraud

Elizabeth Holmes has become the the latest high-profile CEO to be found guilty of an investor scam. The CEO and founder of blood testing start-up Theranos faces sentencing in September after committing two counts of wire fraud, and two counts of conspiracy to commit fraud. Aged 19, Holmes set out to create a cheaper, less…

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