The FCA says 24 people have been charged so far in relation to a £400m money laundering ring centred on NatWest and a Bradford jeweller.

National Westminster Bank has today been fined £264.8m at Southwark Crown Court for money laundering in one of the biggest cases of its kind in the UK. 

Ian James Hudson has been sentenced to 4 years imprisonment for fraudulent trading and carrying on regulated activities without authorisation.

Stephen Allen has pleaded guilty to forgery after the Financial Conduct Authority pursued him to recover money investors lost in a £16.9m Unauthorised Collective Investment Scheme (UCIS).