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One Arrested As UK's Financial Services Authority Continues Clamp Down On Unauthorised Business

Date 28/06/2011

The Financial Services Authority (FSA) today acted against an individual suspected of involvement in an unauthorised collective investment scheme (CIS).

With the assistance of the Dorset Police, the FSA executed search warrants on two premises in Poole, Dorset and one individual was arrested.

No-one has been charged at this stage in connection with the FSA’s investigation, which is on-going.