FCA hands £3.4m back to unauthorised investment scheme victims
Digital Wealth and Outsourcing Express raised over £15m

Samuel and Shantelle Golding admitted to the High Court they were personally involved in the schemes
The Financial Conduct Authority is set to return more than £3.4m to victims of a series of unauthorised deposit taking and collective investment schemes.
Between 2015 and 2017 Digital Wealth and Outsourcing Express, which was also known as Kerchiing, is alleged to have been involved in the online purchase of wholesale goods from China for onward sale and...
More on Regulation
FOS sets £260m budget for 2021/22 as caseload rockets
Predicts 45% increase in cases
Think tank brands FOS 'unfit for purpose' in damning report
Questions over fairness
Govt committee calls for 'quick and decisive' action to prevent pension scams
'Largely underreported'
Why cybercrime protection is increasingly important for advice businesses
More sophisticated scammers
High Court fines firm's boss over unauthorised WhatsApp investment advice
Restitution of £530,000+
Back to Top
More news
Charles Stanley teams with National Theatre for Olivia Colman series
PA's Good News Bulletin
Chris Budd: Is financial planning actually holistic?
Lifestyle planning
Canaccord Genuity acquires Adam & Co IM in £54m deal
Canaccord Genuity is acquiring the wealth management business of private bank Adam & Co from Royal Bank of Scotland in a £54m deal.
'A balanced portfolio is a dangerous thing to hold right now' - Ruffer's Matt Smith
'Lower than ever reward'