The Financial Conduct Authority (FCA) has charged John Burford for carrying on an unauthorised business and “dishonestly” misleading investors.
In an update posted by the regulator today (15 April), the FCA confirmed that Burford is suspected of generating more than £1m. Between 1 January 2020 to 31 December 2023, Burford is alleged to have accepted money from more than 100 investors and advised and managed investments on their behalf without authorisation. He was the sole director of Financial Trading Strategies (FTS). Through its website, he promoted paid subscription services involving the provision of daily trade alerts which gave advice on trading opportunities as well as investments in three 'Tramline' funds. The FCA...
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