FSA brings charges over unauthorised investment scheme

FSA 450

The FSA has charged a man with seven offences relating to an unauthorised investment scheme he operated.

Benjamin Edward Weymouth Wilson from Bournemouth in Dorset, trading as SureInvestment, operated a scheme that purported to carry out futures trading for the benefit of its investors.

The charges follow searches of two premises in Poole owned or controlled by Mr Wilson that were conducted by the FSA with the assistance of the Dorset Police on 28 June 2011. Mr Wilson was arrested at the same time.

The charges are operating a collective investment scheme without authorisation or exemption; making false, misleading or deceptive statements; two counts of forgery; using a false instrument; and fraud.

Wilson has been bailed to attend City of London Magistrates Court on 5 October.