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FCA Sends Convicted Money Launderer Back to Prison Over Unpaid £529,000 Confiscation Order
The Financial Conduct Authority has secured an additional 499-day prison sentence against convicted money launderer Richard Faithfull after he failed to comply with a court-ordered confiscation payment exceeding £529,000. The latest legal action follows his earlier conviction for laundering £2.5 million connected to international investment scams and organized criminal networks. The case marks another major enforcement success for the FCA as authorities intensify efforts
May 125 min read
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