FCA wins £100,000 back from unauthorised adviser
- Monday, 27 February 2023
- Articles
The FCA has secured more than £100,000 to repay consumer victims of Mohammed Maricar, who set up a forex ‘trading academy’ that used WhatsApp to provide unauthorised investment advice.
Read more...FCA wins bankruptcy order against WhatsApp trader
- Tuesday, 10 August 2021
- Articles
The FCA has obtained a bankruptcy order against an unauthorised WhatsApp-based investment adviser after he failed to pay £530,000 in compensation to his victims.
Read more...WhatsApp 'Academy’ told to pay £530k in compensation
- Friday, 26 March 2021
- Articles
The High Court has ordered 24HR Trading Academy Limited to pay restitution of £530,000 to ex-clients.
Read more...FCA freezes assets of ‘adviser’ accused of social media pushing
- Monday, 27 April 2020
- Articles
The FCA has launched High Court proceedings against 24HR Trading Academy Ltd and its sole director, Mohammed Fuaath Haja Maideen Maricar for allegedly advising on investments via social media without FCA authorisation.
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