Emma RadmoreFCA has brought its first prosecution for a destruction of documents offence under FSMA. It has prosecuted Konstantin Vishnyak, who it was investigating for suspected insider dealing, for destroying documents which he knew or suspected were or would be relevant to an investigation. It alleges he deleted WhatsApp from his phone after being required to provide it.
Mr Vishnyak pleaded not guilty and will appear at Southwark Crown Court on 4 October.