FCA prosecutes individuals for investment fraud

Following FCA application, there will be a trial of 4 defendants in February 2023 for alleged investment fraud.  FCA alleges the 4 individuals were involved with a London-based company called Bespoke Markets Group, which advertised binary option investments, but FCA alleges used the money to fund their lifestyles.  The individuals have been charged with breaches of FSMA and POCA and with conspiracy to defraud contrary to common law.

Further charges for perverting the course of justice relating to FCA’s investigation were brought against one of the individuals and another man, and this is shortly to have its Plea and Trial Preparation Hearing.