A criminal investigation brought by the FCA has seen five individuals sentenced to a total of almost 18 years in prison for their part in a £2.8m share fraud targeting "investors who were often elderly and vulnerable".
Between July 2010 and April 2014, the Financial Conduct Authority (FCA) said, in efforts to "maintain the lifestyle" of their ringleader Michael Nascimento, the fraudsters cold-called and subjected vulnerable...
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