ASIC alleges InterPrac enabled $677m super fund collapse
Australia's corporate regulator accuses InterPrac of industrial-scale misconduct, exposing 6843 investors to collapsed super funds. Learn about the case and investor rights.
Category : Search result: financial collapse
MEVCO EV Company Collapses Owing Millions
Exclusive investigation into the shocking downfall of MEVCO, the electric vehicle company that left creditors facing millions in losses amid allegations of financial mismanagement.
British travellers lose thousands in airline collapse crisis
Exclusive investigation reveals how UK holidaymakers are losing thousands after the sudden bankruptcy of Icelandic tour company Play Airlines, leaving desperate travellers stranded without refunds or recourse.
Sam Bankman-Fried gets 25 years for FTX fraud
Disgraced crypto mogul Sam Bankman-Fried receives 25-year prison term for orchestrating one of history's largest financial frauds through collapsed FTX exchange.
Bank regulators probe false social media rumours
UK financial regulators investigate coordinated social media campaigns spreading misinformation about bank stability, urging public vigilance against false claims.
Rome tower collapse: Miracle escape as residents survive
Dramatic rescue operation in Rome's Tor Sapienza district after catastrophic building collapse leaves multiple survivors in miraculous escape from rubble.
Fourth US Bank Collapses as First Republic Fails
First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.
Rome tower collapse: Man trapped near Colosseum rescue
Dramatic rescue operation underway in Rome after 13th-century tower collapses, trapping man in rubble just metres from the Colosseum as he fights for life in intensive care.
Ancient Roman Tower Collapses Near Imperial Forums
A significant portion of Rome's medieval Torre dei Conti has collapsed near the Imperial Forums, raising urgent questions about Italy's cultural heritage preservation. Emergency services are securing the area as investigations begin.
Women struggle more with money talks than men
New research reveals a troubling gender gap in financial conversations, with women facing greater stigma and isolation when dealing with debt and money problems.
Gender Money Gap: Women Reshape UK Financial Talks
New research reveals how women are breaking financial taboos and transforming money discussions across the UK, creating more open and supportive financial dialogues.
US Congress seeks emergency funds from Hartford amid crisis
In an extraordinary turn of events, members of the United States Congress have been compelled to seek emergency financial assistance from Hartford, Connecticut, as political gridlock leaves them without pay. This unprecedented situation reveals deepening
FCA's £4bn Car Finance Scheme 'Robbing Victims'
Exclusive: The Financial Conduct Authority's proposed compensation scheme for the car finance mis-selling scandal faces massive backlash for potentially short-changing victims out of billions.
Money Silence Crisis: Costing Brits Thousands
New research reveals Britain's dangerous silence around money matters is creating financial distress, relationship breakdowns, and mental health crises across the nation.
Birmingham Council Bankruptcy: Inside Britain's Worst Council Crisis
Exclusive investigation reveals how accounting failures and political paralysis pushed Birmingham City Council into the biggest local government financial crisis in UK history, forcing devastating cuts to essential services.
Santander Faces UK Government Crackdown Over Spanish Control
Santander UK confronts potential government intervention as Spanish financial watchdog seeks unprecedented control over British banking operations, raising sovereignty concerns.
Court Revives Challenge to Trump-Era CFPB Director
A federal appeals court has revived a legal challenge questioning the legitimacy of a Trump-era director's appointment to America's Consumer Financial Protection Bureau, creating fresh uncertainty for the agency.
HSBC sued over Bernie Madoff profits in major lawsuit
HSBC confronts explosive legal action alleging the banking giant knowingly profited from Bernie Madoff's notorious Ponzi scheme while ignoring clear warning signs in the largest fraud in Wall Street history.
Manchester Building Collapse Sparks Mass Evacuation
Emergency services have launched a major operation in Manchester city centre after a building partially collapsed, forcing evacuations and road closures as structural engineers assess the safety of the area.
Sydney Built Lifestyles collapses into liquidation
Exclusive: High-end property developer Sydney Built Lifestyles enters voluntary liquidation, leaving customers with unfinished homes and substantial financial losses. Discover the full story behind the collapse.
Action Fraud: Victims Expose Service Failures in UK System
Exclusive investigation reveals serious concerns about Action Fraud's effectiveness as victims report poor service and lack of follow-up on their cases.
UK Savings Crisis: Investment Scams Surge 42%
Exclusive investigation reveals British savers lost over £1.2 billion to sophisticated investment scams in the past year, with fake cryptocurrency schemes leading the devastating surge in financial fraud.
FCA Under Fire Over Soaring Consumer Complaints
The Financial Conduct Authority faces mounting criticism as consumer complaints against financial firms skyrocket, revealing serious gaps in investor protection and regulatory oversight.
Expert: Illegal immigration costs taxpayers billions yearly
YouTube financial analyst Caleb Hammer reveals staggering economic impact of illegal immigration on American taxpayers in viral video analysis that's sparking nationwide debate.
Barclays downplays £20bn private credit exposure
Barclays Bank moves to reassure investors as it reveals significant stake in booming but volatile private credit sector, insisting risks are 'well managed' despite market turbulence.
Gold Price Suffers Worst Daily Crash Since 2013
Gold investors faced a bloodbath as the precious metal suffered its most dramatic collapse since 2013, with prices crashing over 5% amid shifting Federal Reserve expectations and strengthening dollar.
Stuart Gulliver: HSBC Banking Titan Dies
Explore the remarkable life and career of Stuart Gulliver, the former HSBC CEO who navigated the banking giant through global crises and regulatory challenges, leaving an indelible mark on international finance.
Trump's Truth Social shares nosedive 70% amid crisis
Donald Trump's social media venture faces catastrophic stock collapse as Truth Social parent company reports staggering $58 million losses, raising serious questions about its financial viability.
Joey Essex's company collapses into liquidation
Reality TV star Joey Essex faces business collapse as his company enters liquidation, leaving creditors unpaid and raising questions about celebrity entrepreneurship.
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