FCA has secured seizures of £ 305,284 over Raheel Mirza, Cameron Vickers and Opeyemi Solaja for their roles in investment fraud.
This is equivalent to all their remaining assets.
The seizure procedures for Reuben Akpojaro have been postponed to a later date.
Money will be returned to investors as soon as possible. Non -payment can lead to imprisonment.
Between June 2016 and January 2020, Cameron Vickers, Raheel Mirza, Opeyemi Solaja and Reuben Akpojaro made cold calls to the members of the public, using nicknames to persuade them to invest with the Bespoke Markets (BMG) team. Various United Kingdom companies and offshore companies and bank accounts were created to try to distance the defendants from fraud (including Upscale Limited, registered with the Marshall Islands) and to rinse money.
They claimed to exchange their customers’ money in “binary choices” (a kind of stable financial bets), when in fact the money was shared among the fraudsters to finance their lifestyle. To encourage people to invest or invest more, BMG offered to match investments with their own funds and their return losses during the first 3-6 months. Investors had access to a sophisticated electronic platform that appeared to show that their funds were negotiating, but this handled it to show commercial activity when it didn’t exist.
In 2023 they were convicted and condemned in a 24 -year combination and half years for investment fraud.