We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

FCA Poised To Grab Assets In £1.4M Investment Scheme Case

Law360, London (February 22, 2019, 10:09 PM GMT) -- The Financial Conduct Authority asked a London judge Friday to move forward with confiscation proceedings against four men who conned investors into buying up to £1.4 million ($1.8 million) of “worthless” shares in a health care company that purportedly operated clinics, saying it might be possible to get back nearly all of the money lost.

At a hearing in Southwark Crown Court, an attorney representing the FCA, Andrew Bird of 5 St Andrew's Hill, told Judge Nicholas Loraine-Smith that victims and creditors were lining up with claims.

Company assets connected to the two main men behind the scheme, Muhammad Aleem Mirza,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!



Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.



Law Firms

Government Agencies