UK's FSA arrests Forex Scammer
The UK’s financial regulators has arrested a young man believed to be involved in a major Forex scam. The UK

The UK’s financial regulators has arrested a young man believed to be involved in a major Forex scam.
The UK is known to be one of the most well-regulated and strictest locations for financial derivatives.
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The arrest was made with the assistance of the City of London Police and a search warrant was also executed at one address in East London. Confirming the arrest, the FSA said the man was suspected of committing offences under the Financial Services and Markets Act 2000 and the Fraud Act 2006.
Most recently the CFTC and NFA have been handing major fines out to ponzi schemes and scammers in the FX markets.
No one has been charged at this stage in connection with the investigation, which is ongoing, the FSA added. The regulator also said the arrest is not linked to any other FSA investigations.
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theres speculation its alex hope. he hit the headlines after splurging £200,000 in one night in a nightclub.
Is it possible to spend 200k in a night club? No way. Or he bought it?