Adam Hawkins was today sentenced to 6 years and 9 months imprisonment for his involvement in operating an unauthorised collective investment scheme through three land banking companies as a result of which over 110 investors lost at least £4.3 million.
http://www.fca.org.uk/news/individua...estment-scheme
Mr Hawkins primarily worked as a salesman and was involved in the management of the three land banking companies Plott UK, European Property Investments (UK) Ltd and Stirling Alexander Limited.
This sentence follows sentences of up to 8 years imprisonment handed down in earlier hearings against seven other defendants: Scott Crawley, Dale Walker, Daniel Forsyth, Brendan Daley, Aaron Petrou, Ross Peters, and Ricky Mitchie. All of the convictions are part of Operation Cotton, one of the Financial Conduct Authority’s (FCA) largest investigations and prosecutions.
http://www.fca.org.uk/news/individua...estment-scheme
Mr Hawkins primarily worked as a salesman and was involved in the management of the three land banking companies Plott UK, European Property Investments (UK) Ltd and Stirling Alexander Limited.
This sentence follows sentences of up to 8 years imprisonment handed down in earlier hearings against seven other defendants: Scott Crawley, Dale Walker, Daniel Forsyth, Brendan Daley, Aaron Petrou, Ross Peters, and Ricky Mitchie. All of the convictions are part of Operation Cotton, one of the Financial Conduct Authority’s (FCA) largest investigations and prosecutions.