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FCA brings charges against individuals who were involved in the binary options scheme Bespoke Markets Group

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FCA brings charges against individuals who were involved in the binary options scheme Bespoke Markets Group



Reuben Akpojaro was also charged in May 2022 with the same offenses.

The FCA also noted that further charges were brough against Raheel Mirza and a fifth individual, Taheer Sardar, for obstruction of FCA’s investigation. The Agency claims that the men made false documents to influence the case.

The FCA stated that:

Binary options are a high-risk ‘all-or-nothing’ type of investment, which have been banned for retail use since 2019. An investor will try to predict when an event will occur. If they win, they’ll see a return, but if they’re wrong, they’ll lose all their investment.

LeapRate: FCA pursues individuals who participated in the binary options scheme Bespoke Markets Group



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