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Partying crooks get 24 years jail for £1.2m investment fraud

Three individuals behind an investment fraud which conned £1.2m from UK investors have been convicted and sentenced to a total of 24.5 years.

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FCA prosecutes 5 over alleged £1.2m investment fraud

The Financial Conduct Authority is prosecuting five people for involvement in an alleged £1.2m ‘binary options’ investment fraud between 2016 and 2020 and an attempted cover up in 2022.

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FCA bans sale of binary options to consumers

The FCA has permanently banned the sale of binary options to retail consumers.

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FCA to tackle £467m CFD and binary option abuse

 

The Financial Conduct Authority is proposing to ban most retail CFD and binary options investments to stop consumers losing up to £467m year.

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