The Financial Conduct Authority (FCA) is due to confiscate £2.2m from eight convicted fraudsters for their part in the operation of an unauthorised collective investment scheme (UCIS).
Judge Leonard QC ordered for the money to be confiscated from the defendants so it could be paid to the victims in compensation. This would lead to investors receiving about 40% of the amount owed to them,...
Went into administration April 2018
Threat of legal action looms over Woodford IM
View from the front row
Retirement Planner Forum 2019