Ponzi Scheme
Tax & Regulation | 25 Nov 15
Ex-IFA’s landmark jail term for ‘giant Ponzi scheme’ upheld
The UK Court of Appeal has upheld a landmark sentence of 10 years’ imprisonment imposed on former independent financial adviser Phillip Boakes following his conviction on charges brought by the Financial Conduct Authority (FCA).
United Kingdom | 24 Mar 15
Extradited IFA pleads guilty to Ponzi scam
A British-based financial adviser, who fled to Malaysia after his company collapsed, has confessed to setting up a Ponzi scheme which inflicted millions of pounds in losses on investors.
Ex IFA jailed for 3 5m FX Ponzi scheme
A former independent financial adviser has been sent to prison for 10 years after running a £3.5m Ponzi scheme which fuelled his lavish lifestyle.
United Kingdom | 1 Dec 14
ExIFA faces jail for Ponzi scheme
A former financial adviser faces a prison sentence after he scammed investors in a fraudulent scheme which raked in £2.6m.
Profiles & Comment | 1 Apr 13
why its important to know your models 3
The way to avoid potentially poor investment models, and choose only the very best ones, MBG Int'l managing partner Paul Gambles explains in the third and final part of his series, is to do your due diligence — properly.