John Burford has been sentenced to 2 years in prison in a £1 million investment fraud case, following a prosecution brought by the FCA. Mr Burford, who lives in Mansfield, defrauded over 100 investors out of £1 million between 2016 and 2021 through his firm, Financial Trading Strategies Limited, where he was the sole director.He offered trade alerts and investment opportunities in 3 self-named funds, despite lacking FCA authorisation. The FCA found he repeatedly misled investors about fund performance, concealed losses and used their money to buy property and support his lifestyle.Mr Burford attracted a range of investors through self-published articles, blogs, and a book to promote his trading credentials and broaden his reach. Investors of Mr Burford described placing considerable trust in him because of his purported expertise and many described the significant financial and emotional impact his offending had on their lives.Steve Smart, joint executive director of enforcement and market oversight at the FCA, said: ‘John Burford deliberately misled investors, stealing their money to fund his own lifestyle. This post was originally published on this site.