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Finance & banking

Not our judgement. Just the record.

Proven upheld by a court, tribunal or regulatorAdmitted club accepted the breachPending decided, sanction to comeAlleged claimed, not testedNo finding closed, no action

The cases

Every entry in this sector, with what was found and what followed

OrganisationCaseStatusConduct toward the regulatorSanction
Wells Fargo2016 & 2020ProvenRoughly 1.5 million unauthorised deposit accounts and 623,000 credit card accounts opened without customers' knowledge. The bank later admitted that between 2002 and 2016 it had falsified bank records, harmed customers' credit ratings and misused their personal information 2728$185m, then $3bn
CFPB/OCC/Los Angeles 2016; DOJ and SEC, February 2020 2728
KPMG LLP2022AdmittedAuditors forged documents — spreadsheets and meeting minutes created after the accounts were signed off — to deceive the FRC's own audit quality inspectors reviewing the Carillion and Regenersis audits 4142£14.4m
The FRC's largest fine. Reduced from £20m for self-reporting, co-operation and admissions. The Carillion audit partner fined £250,000 and suspended for 10 years; four others fined and suspended 4142
2016 & 2020Wells Fargo$185m, then $3bn
StatusProven
Conduct toward the regulatorRoughly 1.5 million unauthorised deposit accounts and 623,000 credit card accounts opened without customers' knowledge. The bank later admitted that between 2002 and 2016 it had falsified bank records, harmed customers' credit ratings and misused their personal information 2728
Sanction$185m, then $3bn
CFPB/OCC/Los Angeles 2016; DOJ and SEC, February 2020 2728
2022KPMG LLP£14.4m
StatusAdmitted
Conduct toward the regulatorAuditors forged documents — spreadsheets and meeting minutes created after the accounts were signed off — to deceive the FRC's own audit quality inspectors reviewing the Carillion and Regenersis audits 4142
Sanction£14.4m
The FRC's largest fine. Reduced from £20m for self-reporting, co-operation and admissions. The Carillion audit partner fined £250,000 and suspended for 10 years; four others fined and suspended 4142

Sources

Every claim above is referenced to one of these

Nottingham Forest 2
  1. PrimaryPremier League, Nottingham Forest FC deducted four points by independent Commission. premierleague.com/en/news/3936397
  2. PrimaryPremier League, Independent Appeal Board decision on Nottingham Forest. premierleague.com/en/news/3999776
Everton (1st) 1
  1. PrimaryPremier League, Everton FC appeal decision of independent Commission, 26 February 2024. premierleague.com/en/news/3969115
Everton (2nd) 1
  1. PrimaryPremier League, Everton FC deducted two points by independent Commission. premierleague.com/en/news/3960088
Leicester City 1
  1. PrimaryPremier League, Premier League Statement: Appeal decision on Leicester City, 8 April 2026. premierleague.com/en/news/4624942
Chelsea 2
  1. OCCRP, Premier League Hands Chelsea Record Fine for Abramovich-Era Financial Deception, decision dated 17 March 2026. occrp.org
  2. ICIJ, Chelsea FC fined millions over secret payments under Abramovich ownership. icij.org
Chelsea (UEFA) 1
  1. Sky Sports, Chelsea fined £8.6m for FFP breach as Juventus banned from Europe for 2023/24 in separate financial case, July 2023. skysports.com
Manchester City 2
  1. PrimaryPremier League, Premier League Statement: Manchester City FC, 29 September 2026. premierleague.com/en/news/4727779
  2. PrimaryPrimary document. Independent Commission, The Football Association Premier League Limited and Manchester City Football Club Limited — Redacted Core Decision, published 29 September 2026. Redacted Core Decision (PDF)
Juventus 2
  1. CBS Sports, How Juventus recovered from the Calciopoli scandal and relegation punishment. cbssports.com
  2. Forbes, Juventus Drop 2006 Calciopoli Action Following Years Of Legal Battles, January 2024 — recording the 2006 sporting sanctions and the litigation that followed. forbes.com
Bury 3
  1. Sky Sports, Bury expelled from Football League, 27 August 2019. skysports.com
  2. ESPN, Bury expelled from EFL, Bolton given 14 days, August 2019. espn.com
  3. Euronews, Third-tier Bury expelled from Football League — EFL statement, 28 August 2019. euronews.com
Sheffield Wednesday 2
  1. Sky Sports, Sheffield Wednesday given 12-point deduction for breaching EFL rules, 2020. skysports.com
  2. ESPN, Sheffield Wednesday begin 2020-21 season with 12-point deduction. espn.com
Manchester City 3
  1. Sky Sports, Manchester City: Court of Arbitration for Sport releases reasons for lifting club's European ban, July 2020. skysports.com
  2. LawInSport, A full review of Man City v UEFA CAS Award — why this is not the end of FFP. lawinsport.com
  3. PrimaryPrimary document. Court of Arbitration for Sport, CAS 2020/A/6785 Manchester City FC v. UEFA, award dated 13 July 2020 (published copy hosted by UEFA; scanned, no text layer). CAS award (PDF)
Juventus 3
  1. Goal, Explained: Why Juventus have been docked 10 points by the Italian Football Federation, 2023. goal.com
  2. Al Jazeera, Explainer: why were Juventus docked points and what happens next?, 23 January 2023. aljazeera.com
  3. Get Italian Football News, Juventus handed 10 points deduction in capital gains case, May 2023. getfootballnewsitaly.com
Sheffield Wednesday 2
  1. Sky Sports, Sheffield Wednesday: Championship club deducted 12 points after filing for administration. skysports.com
  2. ESPN, Sheffield Wednesday into administration, hit with 12-point deduction. espn.com
Volkswagen AG 2
  1. PrimaryPrimary document. US Department of Justice, Volkswagen AG Agrees to Plead Guilty and Pay $4.3 Billion in Criminal and Civil Penalties; Six Volkswagen Executives and Employees are Indicted, January 2017. justice.gov
  2. ABC News, Volkswagen Pleads Guilty, Pays $4.3 Billion in Fines to Settle Diesel Emissions Scandal. abcnews.com
Wells Fargo 2
  1. PrimaryPrimary document. US Department of Justice, Wells Fargo Agrees to Pay $3 Billion to Resolve Criminal and Civil Investigations into Sales Practices Involving the Opening of Millions of Accounts Without Customer Authorization, February 2020. justice.gov
  2. PrimaryPrimary document. Consumer Financial Protection Bureau, enforcement action: Wells Fargo Bank, N.A. (2016). consumerfinance.gov
Post Office / Fujitsu 2
  1. PrimaryCriminal Cases Review Commission, Post Office “Horizon” Cases. ccrc.gov.uk
  2. Computer Weekly, Post Office Horizon scandal explained and Fujitsu's role in the Post Office scandal. computerweekly.com
UK Home Office 2
  1. PrimaryPrimary document. UK Supreme Court, R (AAA and others) v Secretary of State for the Home Department [2023] UKSC 42, press summary, 15 November 2023. caselaw.nationalarchives.gov.uk
  2. Library of Congress, Global Legal Monitor, United Kingdom: Supreme Court Rules Relocating Asylum Seekers to Rwanda Unlawful, 28 November 2023. loc.gov
UK Home Office 2
  1. PrimaryPrimary document. National Audit Office, An analysis of the asylum system, Session 2024–2026, 10 December 2025. nao.org.uk (PDF)
  2. PrimaryPrimary document. National Audit Office, Investigation into asylum accommodation, Session 2023-24, 20 March 2024. nao.org.uk (PDF)
UK government & NHS 2
  1. PrimaryPrimary document. Infected Blood Inquiry, final report, 20 May 2024 (Sir Brian Langstaff, chair). health-ni.gov.uk
  2. House of Commons Library, Infected Blood Inquiry: recommendations for recognition, healthcare and patient safety, briefing CBP-10081. commonslibrary.parliament.uk
Cladding manufacturers 2
  1. PrimaryPrimary document. Grenfell Tower Inquiry, Phase 2 report, 4 September 2024. grenfelltowerinquiry.org.uk
  2. Construction News, “Dishonest”: the verdict on Grenfell’s cladding manufacturers, 4 September 2024. constructionnews.co.uk
UK Dept of Health & Social Care 2
  1. Local Government Lawyer, Use of VIP lanes in government PPE procurement unlawful, High Court finds, January 2022. localgovernmentlawyer.co.uk
  2. Civil Service World, DHSC writes off almost £10bn of PPE. civilserviceworld.com
KPMG LLP 2
  1. PrimaryPrimary document. Financial Reporting Council, Sanctions against KPMG and others in connection with Regenersis & Carillion audits, 25 July 2022. frc.org.uk
  2. Construction News, Carillion auditor KPMG fined £14m for misleading regulators, 13 May 2022. constructionnews.co.uk
Cited in the text 5
  1. CBS Sports, Premier League commission finds Manchester City guilty on 114 charges, 29 September 2026. cbssports.com
  2. ABC News (Australia), Manchester City guilty of all financial breach charges, 30 September 2026. abc.net.au
  3. Sky Sports, Liverpool paid Manchester City £1m settlement over scouting complaint, September 2019. skysports.com
  4. Malay Mail / AFP, FA take no action against Liverpool for alleged Man City hack, 7 February 2020. malaymail.com
  5. Gulf News, Chelsea face 74 charges over alleged breaches of agent rules, September 2025. gulfnews.com

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