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Wellesley & Co in the clear following UK fraud probe

By Martin Coyle ( September 17, 2025, 11:06 GMT | Insight) -- UK high-risk investment promoter Wellesley & Co, or WCL, will face no action from the country’s financial regulator over allegations of fraud and its collapse this year. Its sister company, the unregulated Wellesley Finance went out of business five years ago leaving some investors out of pocket.UK high-risk investment promoter Wellesley & Co, or WCL, will face no action from the country’s financial regulator over allegations of fraud and its collapse this year....

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