Devon man jailed for £1.3m Ponzi scheme run from his bedroom

FCA secures seven-and-a-half-year sentence

Sahar Nazir
clock • 3 min read

The Financial Conduct Authority (FCA) has secured the conviction of Daniel Pugh, who has been sentenced to seven-and-a-half-years in prison for running a £1.3m Ponzi scheme that defrauded 238 investors.

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