Legal
Trio charged after investors lose $155m
They were arrested in Spain, Argentina, and the US
Investment adviser sentenced to nearly 6 years in prison
FCA will ‘pursue confiscation proceedings against him in order to try and seize his illegal gains’
Should more MPS providers work on ‘reliance on others’ basis?
Potential legal and PI cover benefits for advisers compared with the traditional ‘agent as client’ approach
UPDATED: Pension introducer eyes Supreme Court bid
After Court of Appeal finds in favour of the FCA
Fraudster jailed for 9 years for not paying confiscation order
He was part of trio who spent victims’ money on yachts, expensive property and luxury cars