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Concept Capital faces UK court proceedings over ‘static home’ investments

( July 29, 2025, 11:34 GMT | Official Statement) -- MLex Summary: The UK’s financial markets watchdog has begun high court proceedings against Concept Capital Group, Riverrun Consulting, Gateridge Consulting and six individuals over unauthorized investments totaling more than 23 million pounds (around $31 million) in “static homes” — prefabricated, transportable structures. The Financial Conduct Authority said Concept Capital carried on regulated activities in the UK without authorization, issued unauthorized financial promotions and made false or misleading statements. The FCA is seeking restitution orders in favor of investors, declarations of contraventions and injunctions to prevent further breaches.Statement below....

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