RE: Boiler room convicted , 16 years15 Sep 2018 02:19
The FCA says it is the second-biggest criminal prosecution it has undertaken, involving four million documents, 142 witnesses, analysis of 65 UK bank accounts and five years of investigators' time.
FCA . Took 5 years to get this conviction . (13years)
This is why corruption is so openly done daily on AIM.
Its done because
The odds of a conviction is So So. Low . They know the FCA is underfunded & understaffed
It cost £1.2m - compared with a fraud worth £2.8m.
Even with such stark and plentiful evidence, it has taken five years to get this relatively minor fraud investigated and successfully prosecuted through the courts