🚨 🇬🇧 The Southwark Criminal Court in the United Kingdom recently delivered its judgment on two cases of financial fraud. Raymondip Bedi and Patrick Mavanga were sentenced to 5 years and 4 months and 6 years and 6 months in prison respectively for defrauding 2.03 million dollars from 65 investors through a fake cryptocurrency consulting firm.
In another case, siblings Redinel and Oerta Korfuzi illegally made a profit of 1.35 million dollars using insider information, and were sentenced to a total of 11 years in prison. The UK Financial Conduct Authority (FCA) stated that it would continue to combat financial crimes that undermine market integrity.
