A web of deceit: How one IFA's trickery led to his downfall

A web of deceit: How one IFA's trickery led to his downfall

Laura Miller
clock

Going behind the back of his firm's principal, and its network, building a web of companies to do his bidding and mis-using risk questionnaires to persuade unwitting investors to part with their money - how one IFA spun a web of deceit before losing it all.

The Financial Conduct Authority (FCA) has fined Craig Cameron, director of London IFA Burlington Associates, £350,000 and banned him from practising for mis-selling high risk unregulated collective investment schemes (UCIS). He was found by the regulator to lack honesty and integrity - and the FCA's final notice reveals the extent of Cameron's activities...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Oberon Investments agrees to FCA restrictions on wealth management arm

Oberon Investments agrees to FCA restrictions on wealth management arm

Onboarding subject to permission amid systems and controls review

Jen Frost
clock 14 April 2026 • 1 min read
FCA eyes commission ban for VCTs & EIS

FCA eyes commission ban for VCTs & EIS

Brokers criticise the move

Laura Miller
clock 25 March 2026 • 5 min read
Ex-Janus Henderson analyst jailed for insider dealing and money laundering

Ex-Janus Henderson analyst jailed for insider dealing and money laundering

Former analyst's sister also sentenced

Linus Uhlig
clock 07 July 2025 • 2 min read