INSUBCONTINENT EXCLUSIVE:
The UK has sentenced two men to a combined total of 12 years in prison after they admitted to running a crypto scheme that stole over 1.5
ran cold-calling crypto conThe FCA said in November that between February 2017 and June 2019, the pair were part of a group that would
duo managed to defraud at least 65 investors out of just over 1.54 million British pounds ($2.1 million) over that time.Source: Financial
were first charged in April 2023
financial services laws.Mavanga similarly pleaded guilty to conspiracy to defraud and conspiracy to breach finance laws, along with
admitting to possessing fake identification documents with an improper intention.He was also convicted by a jury of perverting the course of
justice for deleting phone call recordings after Bedi was arrested in March 2019.At the time, a jury did not reach a verdict on a third
unnamed defendant, and they would face a retrial in September, while Rowena Bedi, a fourth person charged in connection with the scheme, was
