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  1. FCA secures bankruptcy of Avacade directors

    News stories

    Published: 16/02/2024

    Last modified: 16/02/2024

    In August 2020, following a trial, the High Court ordered illegal pension introducers Avacade, Alexandra Associates and their directors to pay £10,715,000 restitution to consumers. We provide an update on the case.
  2. Convicted illegal money lender imprisoned for failing to pay confiscation order

    Press Releases

    Published: 16/02/2024

    Last modified: 16/02/2024

    Illegal money lender, Dharam Prakash Gopee (70), has been sentenced to almost 8 years in prison for failing to pay a confiscation order.
  3. Mohammed Zina sentenced to 22 months in prison for insider dealing and fraud

    Press Releases

    Published: 16/02/2024

    Last modified: 05/12/2025

    Following a sentencing hearing at Southwark Crown Court, Mohammed Zina, 35, was today sentenced to 22 months in prison for insider dealing and fraud.
  4. New appointment to Financial Conduct Authority board announced

    News stories

    Published: 15/02/2024

    Last modified: 15/02/2024

    The Treasury confirms the appointment of Bryan Zhang as a Non-Executive Director to the FCA Board.
  5. Mohammed Zina found guilty of insider dealing and fraud

    Press Releases

    Published: 15/02/2024

    Last modified: 05/12/2025

    Mohammed Zina was found guilty of six offences of insider dealing and three offences of fraud following a 12-week trial at Southwark Crown Court brought by the FCA.
  6. FCA discontinues criminal proceedings against Konstantinos Papadimitrakopoulos and Dimitris Gryparis

    Statements

    Published: 15/02/2024

    Last modified: 15/02/2024

    The FCA has withdrawn arrest warrants for Konstantinos Papadimitrakopoulos and Dimitris Gryparis, respectively the former chief executive and chief financial officer of Globo plc.
  7. FCA requests information from firms about delivery of their ongoing advice services and the Consumer Duty

    Statements

    Published: 15/02/2024

    Last modified: 05/12/2025

    FCA is collecting this information to assess what, if any, further regulatory work it may undertake in this area.
  8. Four men under investigation on suspicion of multiple offences

    Press Releases

    Published: 14/02/2024

    Last modified: 14/02/2024

    The FCA and National Crime Agency (NCA) conducted a major operation to arrest 3 London based individuals.
  9. Financial watchdog stops thousands of misleading ads and promotions

    Press Releases

    Published: 14/02/2024

    Last modified: 14/02/2024

    The FCA data for 2023 shows it published 2,285 alerts to help prevent consumers from losing their money to scams, up from 1,800 in 2022.
  10. FCA bans and fines Floris Jakobus Huisamen over London Capital & Finance plc financial promotions

    Press Releases

    Published: 13/02/2024

    Last modified: 13/02/2024

    The FCA has fined a former director of London Capital & Finance plc (LCF) £31,800 and banned him from working in financial services. Floris Jakobus Huisamen was responsible for compliance at LCF but recklessly signed off hundreds of financial
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