Anti-Financial Crime & Financial Crime Compliance
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Financial Crime, Fraud, UK

NEWS: UK’s FCA secures £6M confiscation order against convicted fraudster

File photo of the UK's Financial Conduct Authority offices

By PAUL O’DONOGHUE, Senior Correspondent

THE UK’s Financial Conduct Authority (FCA) has secured a confiscation order of £5.96 million ($7.4 million) against Guy Flintham, a convicted fraudster serving a six-year prison sentence.

Flintham defrauded over 240 investors of £19 million through a fraudulent investment scheme. He made false claims about the scheme’s operations and profits, even falsifying documents to deceive investors.

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