United Kingdom
Alternatives | 12 May 21
Pair guilty of defrauding £36m from vulnerable victims
Crown Prosecution Service described it as a ‘particularly heinous scam’
Investors still clinging to their US ‘security blankets’
Despite data showing an outflow of £1.6bn from US equities in Q1
Guernsey to deregulate offshore collective investment schemes
But the people running them will still need to have a licence on the island
UK online safety bill is ‘first step’ to tackle investment scams
‘Social media sites will have a duty to prevent sham’ schemes from appearing on their sites