FCA successfully convicts a money launderer who violated regulations by operating an unauthorised investment scheme

From 2008 to 2011, Mr Walker helped to source land and undertook conveyancing, registration and consultancy services for plots of land being sold as part of an unauthorised collective investment scheme. This scheme ultimately defrauded consumers of over £4.25 million; on occasions Mr Walker even received monies from investors into his solicitor’s client account.