The Financial Conduct Authority has launched a criminal prosecution against a Surrey man for fraud and operating a collective investment scheme without authorisation.
Mark Barry Starling, 57, appeared in the City of London Magistrates Court today.
The three offenses are connected to a futures trading scheme and include two counts of fraud and operation of a collective investment scheme without authorisation or exemption. The offenses are alleged to have taken place between 1 August 2008 and 25 April 2017.
The case was passed to Southwark Crown Court with the first preliminary hearing scheduled for 18 September.
Starling is from Farnham, Surrey, the FCA said in a press statement.
The offenses were connected to sections 19 and 23 of the Financial Services and Markets Act 2000 and sections 1 and 2 of the Fraud Act 2006.
