Another person has been jailed for his role in running a "subtle and cruel" unauthorised collective investment scheme (UCIS) which lost investors a total of £4.3m.
Adam Hawkins was sentenced to six years and nine months in prison following his conviction at Southwark Crown Court in May. He was part of an operation running a UCIS through three land banking companies, which lost 110 investors a combined £4.3m. Hawkins worked as a salesman and was involved in managing Plott UK, European Property Investments and Stirling Alexander Limited between July 2008 and November 2011. His seven accomplices were sentenced to a total of 26 years imprisonment earlier in June. All of the convictions are part of Operation Cotton, one of the Financial Conduct...
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