An investment fraudster has been sentence to five years in prison after cheating investors out of almost £3m by running unauthorised investment schemes between 2008 and 2017.
Mark Starling claimed to run investment funds and obtained some £3m from friends and acquaintances over a period of nine years, the Financial Conduct Authority (FCA) said. In a sentencing at Southwark Crown Court today (29 November), Queen's Counsel Bartle said Starling had defrauded investors in an "appalling way". The judge said "not one word of what [Starling told investors] was true" and that he consistently told his victims "a pack of lies". Starling claimed to be running three funds -the ‘Pilot Dax Fund', the ‘Shadow Dax Fund', and the ‘Pilot Eurostoxx Fund', and described h...
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