Stockbroker charged with investment fraud

Stockbroker Nicholas Levene has been charged with 16 offences of alleged investment fraud.

The Serious Fraud Office has charged Levene with fraud, forgery, money laundering and false accounting.

The charges are the result of a 15-month investigation by the SFO, the City of London Police economic crime unit and overseas authorities.

Levene has been released on police bail and will appear at City of London Migistrates Court next week.

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