Financial Crime Financial Crime

UK investment manager Kennedy convicted over GBP100 million Axiom fraud

By Martin Coyle
  • 03 May 2024 14:46
  • 03 May 2024 14:46
David Kennedy, a former investment manager, was today convicted at a London court for his part in a 100 million-pound ($126 million) investment fraud linked to collapsed legal financing fund Axiom.
Kennedy was found guilty of one count of fraudulent trading following a jury-led trial at Southwark Crown Court. The

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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