Tag: starts

  • FCA begins legal proceedings towards Daniel Pugh for unauthorised funding scheme

    The UK Monetary Conduct Authority (FCA) has began legal proceedings towards Daniel Pugh, who’s charged with one rely of fraud and three offences of breaching the Monetary Providers and Markets Act 2000 (FSMA). The FCA alleges that between 1 March 2019 and 31 August 2020, Mr Pugh defrauded buyers out of roughly £1.3 million by…

  • FSCS begins accepting claims in opposition to Pello Capital

    The UK Monetary Companies Compensation Scheme (FSCS) is now accepting claims in opposition to Pello Capital Ltd. Pello Capital Ltd was authorised by the FCA from 5 February 2007 till 15 November 2022. Pello is a wealth administration agency that provides a spread of companies to its purchasers, together with stockbroking, on-line share dealing, overseas…