FIN.

FCA succeeds in investment scheme prosecution

Two individuals have been found guilty of various offences relating to carrying on regulated activities without authorisation, false and misleading impressions and being a company director contrary to the Theft Act, in relation to an investment scheme which mis-sold shares to often vulnerable investors. Samrat Bhandari and Muhammed Mirza’s convictions follow the guilty pleas of Michael and Paul Moore.  All four individuals will now be sentenced.  One further individual, Albene Mendy, was acquitted.

Emma Radmore