WealthTek

Editor's view: Your pre-holiday advice news aperitif

Your Business

Editor's view: Your pre-holiday advice news aperitif

The editor's Friday Night Takeaway from 20 December

clock 20 December 2024 • 2 min read
WealthTek boss John Dance charged with £64m fraud and money laundering

Regulation

WealthTek boss John Dance charged with £64m fraud and money laundering

‘One of the most serious and largest frauds’ ever investigated by FCA

clock 19 December 2024 • 2 min read
Failed WealthTek clients face reduction in costs contribution to £15,145

Companies

Failed WealthTek clients face reduction in costs contribution to £15,145

120 clients yet to engage in process to get assets returned

clock 04 December 2024 • 2 min read
Eight MPs call on chancellor to investigate FCA's WealthTek crackdown

Companies

Eight MPs call on chancellor to investigate FCA's WealthTek crackdown

Says regulator neglected to act on claims of potential fraud for more than two years

clock 12 August 2024 • 1 min read
FSCS predicts £40m WealthTek payout

Companies

FSCS predicts £40m WealthTek payout

Confirmed in a witness statement by FSCS’ Guy Enright

clock 25 July 2024 • 1 min read
WealthTek clients to regain assets after FCA crackdown

Companies

WealthTek clients to regain assets after FCA crackdown

High Court approves the joint special administrators’ plan to return funds

clock 25 July 2024 • 1 min read
FCA puts focus on WealthTek criminal investigation

Regulation

FCA puts focus on WealthTek criminal investigation

Regulator secured 12-month pause on civil action

clock 04 March 2024 • 2 min read
FSCS will likely pay out over WealthTek's £81m shortfall

Your profession

FSCS will likely pay out over WealthTek's £81m shortfall

The lifeboat fund says it is likely to meet losses after WealthTek’s collapse

clock 18 September 2023 • 1 min read
FSCS expects to pay out claims against collapsed WealthTek

Regulation

FSCS expects to pay out claims against collapsed WealthTek

FSCS expects to cover WealthTek losses in next few weeks

clock 02 August 2023 • 1 min read
FCA orders WealthTek to cease operations over 'serious' issues

Regulation

FCA orders WealthTek to cease operations over 'serious' issues

A man aged 48 has been arrested by Northumbria Police

clock 06 April 2023 • 1 min read
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