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On January 9, 2014, Alex Hope was found guilty of fraud for operating an investment scheme without authorization. Mr Hope claimed to be making large returns for investors by trading their money on the foreign exchange market.
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On January 9, 2014, Alex Hope was found guilty of fraud for
operating an investment scheme without authorization. Mr Hope
claimed to be making large returns for investors by trading their
money on the foreign exchange market. He was found to have taken
over £5 million of investor money and to have used over
£2 million of it for personal expenditure. He appeared to be
a successful trader whilst in reality he was making heavy losses.
Raj Von Badlo, Mr Hope's co-defendant, pleaded guilty in July
last year to recklessly making false representations to investors
and promoting a collective investment scheme without authorization.
Both individuals will be sentenced on January 16, 2015.
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Our success is built on our clients’ success. We have a long and distinguished history of supporting our clients wherever they do business, from major financial centers to emerging and growth markets. We represent many of the world’s leading corporations and major financial institutions, as well as emerging growth companies, governments and state-owned enterprises, often working on ground-breaking, precedent-setting matters. With a deep understanding of our clients' businesses and the industries they operate in, our work is driven by their need for outstanding legal and commercial advice.
