FCA acts over alleged £23 million unauthorised collective investment scheme

News Financial services Sanctions & Fines

Date: 29th Jul, 2025 Source: Financial Conduct Authority Country: United Kingdom Original Source

Brief

"On 29/07/2025, the Financial Conduct Authority issued an update regarding FCA acts over alleged £23 million unauthorised collective investment scheme. The authority has initiated High Court proceedings against Concept Capital Group and several individuals for promoting investments in static homes, claiming false or misleading statements were made to investors, who were promised fixed returns."

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Financial Conduct Authority

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FCA acts over alleged £23 million unauthorised collective investment scheme

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FCA acts over alleged £23 million unauthorised collective investment scheme

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