The Financial Conduct Authority (FCA) has secured court approval to obtain £1.6 million from Argento Wealth (AWL) and its sole director Daniel Willis, who promoted two alleged unlawful investment schemes.
Previously the FCA began civil proceedings against AWL and Mr Willis to recover investor funds linked to the firm’s alleged unlawful activity, with the regulator securing undertakings which froze the firm and director's assets.
The High Court has now approved a consent order,...
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