The FSA has charged a man with seven offences relating to an unauthorised investment scheme he operated.
Benjamin Edward Weymouth Wilson from Bournemouth in Dorset, trading as SureInvestment, operated a scheme that purported to carry out futures trading for the benefit of its investors.
The charges follow searches of two premises in Poole owned or controlled by Wilson which were carried out by the FSA with Dorset Police on 28 June, 2011. Wilson was arrested at the same time.
The charges are operating a collective investment scheme without authorisation or exemption; making false, misleading or deceptive statements; two counts of forgery; using a false instrument; and fraud.
Wilson has been bailed to attend City of London Magistrates Court on 5 October.
Attain Wealth Management managing director Gordon Crothers says: “If the charges are proven the guy will be hung out to dry by the courts, let alone the FSA. If someone is determined to get around the rules and regulations they will find a way to do it.”