FCA confiscates over £300,000 from convicted fraudsters

On March 8, 2023, the Financial Conduct Authority (FCA) secured confiscation orders totaling £305,284 against Raheel Mirza, Cameron Vickers, and Opeyemi Solaja for their roles in an investment fraud. This amount represents all their remaining assets, with the money to be returned to investors at the earliest opportunity. The FCA's enforcement action comes after the defendants were convicted and sentenced to a combined 24 and a half years for investment fraud between June 2016 and January 2020.