November 24, 2015 BY Maria Nikolova

FX Ponzi scheme architect Phillip Boakes banned by FCA, sees prison sentence upheld

A follow-up to LeapRate's earlier article on legal and regulatory proceedings against Phillip Harold Boakes, the mastermind of a wide-scale Ponzi scheme that defrauded investors of more than £3.5 million... The Court of Appeal has upheld a sentence of 10 years imprisonment for Mr. Boakes. The verdict follows his conviction in March 2015 on charges prosecuted…

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