The Financial Conduct Authority has launched criminal proceedings against Guy Flintham for committing fraud by false representation.
Between January 2016 and November 2021, the regulator alleges that Lancashire-based Flintham defrauded around 240 investors by persuading them to invest approximately £19mn in an investment scheme operated by him.
https://www.ftadviser.com/regulation/2024/01/23/individual-charged-with-fraud-over-19mn-unauthorised-investment-scheme/