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Serious Fraud Office

More headlines

End of the railroad for the $1bn old boys' club

For years, no one could understand why such a huge proportion – 97 per cent – of Long Island Railroad workers retired on disability benefit. Now the brazen secret is out, and the perpetrators are facing jail. David Usborne on a spectacular scam

Madoffs in suicide bid after fraud

The wife of disgraced financier Bernard Madoff says the couple tried to kill themselves after he admitted stealing billions of dollars in the largest Ponzi scheme in history.