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UK director pleads guilty in GBP1 million investment fraud case

( June 27, 2025, 13:54 GMT | Official Statement) -- MLex Summary: John Burford, 85, has pleaded guilty in a 1 million pound investment fraud case, following a prosecution brought by the Financial Conduct Authority. As sole director of Financial Trading Strategies Limited, Burford promoted a paid-for subscription service through its website to offer daily trade alerts with investment advice, and the opportunity to invest in three self-named tramline funds. The FCA said that he took money from over 100 investors and advised on and managed investments without FCA authorization. He made over 1 million pounds in the process. “Identifying and disrupting criminals who abuse people’s trust for their own gain, is a top priority for the FCA," Steve Smart, joint executive director of enforcement and market oversight at the FCA, said.Statement follows....

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