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UK influencers face two-year imprisonment for promoting CFDs
Social media influencers with a combined following of 4.5 million people have been charged in relation to promoting unauthorized investments, the Financial Conduct Authority (FCA) announced on Wednesday. The City watchdog has brought charges against several high-profile television personalities, Love Island stars, and Instagram influencers, alleging they were paid to promote investment schemes without the required authorization. The FCA’s lawsuit names nine individuals, including TOWIE’s Lauren Goodger, Love Island’s Rebecca Gormley, and Geordie Shore’s Scott Timlin. They are scheduled to appear before ... (full story)
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- Posted: May 16, 2024 3:28pm
- Submitted by:Category: Entertainment NewsComments: 0 / Views: 596
