Financial Trading Strategies Director Pleads Guilty to £1 Million Investment Fraud in FCA Prosecution

John Burford, the sole director of Financial Trading Strategies Limited, has pleaded guilty in a £1 million investment fraud case following a lawsuit filed by the Financial Conduct Authority (FCA).

The FCA alleged that Burford operated a paid subscription service through his firm’s website, offering daily trade alerts, investment advice, and the opportunity to invest in three self-named 'tramline' funds.

According to the FCA, Burford illegally advised on and managed investments for over 100 individuals without the necessary regulatory authorisation. In doing so, he amassed more than £1 million, which he used to purchase property and cover personal living expenses.

Burford repeatedly misled investors about the performance and value of the funds, concealing the losses he had incurred while trading.

Burford’s conduct constituted both unauthorised business activity—an offence punishable by a fine and/or up to two years in prison—and fraudulent trading, which carries a fine and/or a sentence of up to 10 years’ imprisonment.

He is due to be sentenced at a later date at Southwark Crown Court. The FCA will pursue confiscation orders to recover unlawfully obtained funds and return monies to victims.

If you suspect a website is fraudulent or have fallen victim to a financial scam, you can Submit a Complaint to BrokersView.