The Financial Conduct Authority (FCA) has secured a confiscation order of nearly £6m against convicted fraudster Guy Flintham.
Flintham is serving a six-year prison sentence having pleaded guilty to fraud by false representation. The fraudulent investment scheme operated by Flintham took £19m from more than 240 investors. He made several fraudulent claims to investors, including about how the scheme was operated and the profits they were making. He falsified documents to support his claims. The court determined that Flintham's criminal benefit was about £24m, with the confiscation order amount being owed at nearly £6m, based on the court's findings as to his available assets. The confiscated funds will be dis...
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