Tag: warning

Missing Cryptoqueen: Why did the FCA drop its warning about the OneCoin scam?

Image caption Dr Ruja Ignatova has been charged with wire fraud, security fraud and money laundering, by the US authorities In June 2016, Dr Ruja Ignatova told an audience of thousands at Wembley Arena that her new cryptocurrency, OneCoin, was a “Bitcoin killer” and would make early investors rich. Many in the crowd had already poured in their life savings.… Read more →

Coronavirus: Nissan shares fall 10% after record loss warning

Image copyright Getty Images Nissan’s shares have plunged by 10% in Tokyo trading after warning that it would see a record annual loss. Japan’s second largest carmaker said it expects a $4.5bn (£3.5bn) operating loss this year as the coronavirus hinders its turnaround efforts. The worse-than-expected forecast came as the company predicted its sales will be the lowest in a… Read more →