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Tag: #CryptoScam #FCA #InvestorProtection #Cryptocurrency #FinancialFraud

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Everett Thistlethwaite

FCA Cracks Down on £1.5 Million Crypto Scam Targeting UK Investors

In a significant step to protect investors, the UK Financial Conduct Authority (FCA) recently prosecuted two men, Raymondip Bedi and Patrick Mavanga, for their involvement in a fraudulent cryptocurrency scheme that scammed over £1.5 million from 65 unsuspecting investors. This case, which unfolded between the years 2017 and 2019, highlights the persistent threats posed by […]

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