FCA has updated its website with details of the progress of the investigations into WealthTek LLP and its principal partner, John Dance. FCA continues its regulatory and criminal investigation into both, including into breaches of its rules relating to client money and assets, and potential criminal offences of fraud and money laundering. FCA required the firm to cease operations on 4 April, following which special administrators were appointed and a worldwide freezing order obtained. The Joint Special Administrators will be writing to affected clients and creditors as they continue to work with FCA.
FCA updates information on WealthTek administration
