Fraud
Unauthorised adviser sent to prison for four years
He pleaded guilty to fraud and carrying out regulated activities
Fourfold increase in UK investment fraud reports in five years
But fall in number of convictions shows ‘legal deterrent is practically non-existent’
UK regulator bans disqualified advice firm director
He also failed to inform the FCA of his bankruptcy
Illegal investment scheme victims urged to come forward
They have two weeks to contact the FCA after it secured compensation orders against the fraudsters
Google UK toughens restrictions for financial adverts
People and companies will be required to prove they are authorised by the FCA