The FCA has published a list of the introducers and sub-distributors involved in the unlawful Argento Wealth Limited (AWL) Unauthorised Collective Investment Scheme (UCIS).
People who invested in the AWL Loan Scheme or in EMB Fund Limited through AWL or its sub-distributors may be eligible for a share in £1.9m recovered by the FCA.
Eligible investors must act by 1 August to claim a share of the money recovered.
Court documents show that the FCA recovered £1,046,488 and £841,763 from Argento's bank accounts, leaving a total of £1,888,251 to be distributed to investors.
The regulator said it will make payments to eligible investors, as defined in the court judgment, who provide their bank account details on or before 1 August.
It added: “If we do not have your bank details by this date, then you will be unable to receive a distribution payment. The same applies if we are not aware of your investment by that date.”
List of AWL distributors and sub-distributors/introducers known to have introduced investors to EMB Fund Ltd:
AWL distributors
Albermarle Capital Ltd
Chris Sephton
Deviti Limited
Opes Distribution Ltd
Sub-distributors/introducers
Ajay Mishra
Alfred William Consultancy Ltd
Capital Enrichment Group Ltd
Claxton Capital Ltd
Creo Group (Leigh Gulumhusein)
Darren McKinney
First Select Asia
Investment Global Marketing
Kevin Barton
Key Capital Strategies SL
M1 Malaysia Ltd
Mark Bentley-Leek
Rajesh Sharma
Regency International Ltd
RGI Investment Ltd
Stenei Solutions
Stephen Guess
Temple Bar International
Titan Financial Ltd
The FCA said if anyone thinks they may be eligible for a payout should contact the regulator no later than 1 August with full details by email to:
Investors can also write to: Freepost – RTZE – RHAL – URAJ, Unauthorised Business Department – RE01157, Financial Conduct Authority, 12 Endeavour Square, London E20 1JN.