Michael Nascimento sentenced to 11 years’ imprisonment in FCA prosecution of Ł2.8m investment fraud

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Michael Nascimento sentenced to 11 years’ imprisonment in FCA prosecution of Ł2.8m investment fraud

17th September 2018, 08:10:AM

Michael Nascimento*was today sentenced to 11 years’ imprisonment for his role in a share fraud carried out through a series of boiler room companies which led to the loss of more than Ł2.8 million of investors’ money. He was the controlling mind, instigator and the main beneficiary of the fraud.

https://www.fca.org.uk/news/press-re...ation-tidworth

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Michael Nascimento sentenced to 11 years’ imprisonment in FCA prosecution of Ł2.8m investment fraud

Michael Nascimento sentenced to 11 years’ imprisonment in FCA prosecution of Ł2.8m investment fraud

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