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Latest finfluencer case sees nine charged

KIds using mobiles
Photo: Matt Cardy/Getty Images

Charges relate to unauthorized financial promotions of FX and CFDs.

In the latest case involving what are known as “finfluencers“, the FCA has charged nine people regarding an unauthorized foreign exchange trading scheme promoted on social media, as we highlighted this morning.

Between 19 May 2018 and 13 April 2021, Emmanuel Nwanze and Holly Thompson reportedly used the

CFDs are a high-risk