An appeals court ruled on Thursday that an illegal money sender is on the hook for £1.4 million ($1.6 million) laundered through his unlicensed business, rejecting the argument that he had simply been trying to circumvent Chinese capital controls.
A prosecutor for the Serious Fraud Office accused two former directors of an office refurbishment company on Monday of paying £545,000 ($616,000) in bribes to secure lucrative "fit-out" contracts, on the first day of their trial.
A judge declined Friday to decide a point of law central to the £16 million ($18 million) dispute between the operator of London's ExCeL exhibition center and its insurers over the venue's pandemic closure ahead of an upcoming test case.
A dozen investors who put £900,000 ($1 million) in long leases of a hotel's bedrooms are suing Matini Montecristo LLP, accusing the property law firm of failing to advise them that the investment scheme was unregulated and a possible Ponzi scheme.
Five businessmen connected to the Worthington Group appeared in a London court Thursday to face charges from the Financial Conduct Authority that they were involved in a scheme to pump up shares of the property developer while it was insolvent.