The Financial Conduct Authority has won a court order to obtain £1.6 million from Argento Wealth Ltd (AWL) and its sole director Mr Daniel Willis who is accused of promoting two alleged unlawful investment schemes. 

The FCA has secured two orders to return over £130,000 to investors in two unauthorised collective investment schemes.

The Financial Conduct Authority has secured £25m more compensation for 4,500 investors in the failed Park First scheme which saw investments sold to a number of SIPP investors.

Blue Gate Capital has entered liquidation following censure from the FCA over investors who lost money investing in the Connaught Income Fund.