FCA secures £290k confiscation order against convicted investment fraudster

Investors lost £3m

Sophie King
clock • 1 min read

The Financial Conduct Authority (FCA) has secured a confiscation order totalling £291,070.36 against convicted fraudster Mark Barry Starling. Starling was sentenced to five years in prison in November 2018 at Southwark Crown Court for defrauding 17 investors of almost £3m. A total 24 people, who the FCA said were his friends and acquaintances, invested in his funds. The fraudulent activity related to unauthorised investment schemes that Starling operated between 2008 and 2017, according to the FCA. The order will be used to compensate 14 of the 17 victims who lost some £1.8m in total....

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