SFO arrests Global Forestry Investments ex-director

After failing to turn up to hearing twice

Sophie King
clock • 1 min read

The Serious Fraud Office (SFO) has arrested Global Forestry Investments former director Omari Bowers after he twice failed to attend a court hearing.

Bowers, who was arrested at Gatwick Airport on Wednesday (30 October), failed to attend Westminster Magistrates' Court on two occasions - 26 July and 2 August. He has now been bailed and is set to appear in court on 1 November. On 22 July this year, Bowers was charged by postal requisition with conspiracy to defraud, forgery and misconduct in the course of winding up. The charges related to alleged frauds concerning Global Forestry Investments between August 2010 and December 2015. This comes after another former director of Global Forestry Investments Andrew Skeene was charged ...

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

FCA's SDR regulation will 'make advisers sit up and listen'

FCA's SDR regulation will 'make advisers sit up and listen'

‘There has to be a fundamental re-educating of the adviser community’

Isabel Baxter
clock 30 November 2023 • 4 min read
Advice/guidance boundary review will help 'bridge advice gap'

Advice/guidance boundary review will help 'bridge advice gap'

The FCA’s latest update leads to mixed reactions from the industry

Sahar Nazir
clock 04 August 2023 • 4 min read
FCA review confirms investment pathways working 'as intended'

FCA review confirms investment pathways working 'as intended'

No changes to initiative but industry called to better support savers

Holly Roach
clock 12 July 2023 • 3 min read