FCA to distribute funds to victims of 24HR Trading Academy
The FCA has secured money that will be paid to consumers that were subject to illegal forex trading promotions made by Mohammed Maricar.
The FCA has secured money that will be paid to consumers that were subject to illegal forex trading promotions made by Mohammed Maricar.
The High Court ordered Mohammed Maricar to pay £530,000 to the FCA to distribute to victims of an unlawful forex trading business.
The High Court finds that 24HR Trading Academy unlawfully advised on investments and unlawfully promoted CFD trading.