You are here


Hoax phone call costs hedge fund £742,668 and CFO his job


THE finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday.

The caller said that he was from Coutts, the London-based hedge fund's bank, and warned that there may have been fraudulent activity on the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to