London hedge funds and asset managers being targeted by internet scammers

Rogue internet operators have targeted some of London’s top hedge funds and asset managers by cloning their websites and names in an attempt to dupe unsuspecting investors. Although few individuals are known to have fallen to this scam, two of Europe’s most prominent investors Winton and Algebris are among the highest profile names to be…

FBI alerts companies to e-mail wire transfer scams

Companies who in the course of their business routinely wire transfer monies overseas are particularly susceptible to this scam. According to the FBI, companies across the United States have lost billions of dollars to scams as fraudsters impersonate company executives through emails requesting staff to transfer monies to accounts controlled by them. Losses from these…