The U.K. Serious Fraud Office (SFO) launched an investigation into collapsed law firm Axiom Ince and an estimated 66 million pounds (U.S. $82.5 million) worth of client funds that went missing.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...