The Financial Conduct Authority (FCA) recently made further strides in an ongoing investigation by securing a new confiscation order against Reuben Akpojaro, relating to investment fraud.
Previously, in May 2025, the FCA issued similar orders against Raheel Mirza, Cameron Vickers, and Opeyemi Solaja. All four individuals were part of a high-risk ‘all or nothing’ investment scheme that resulted in substantial investor losses.
Yet, there’s been a recent shift in the case. Cameron Vickers managed to successfully apply for a reduction in his confiscation order. Despite the undisclosed details of the reduction, the FCA has reportedly accepted this adjustment.
Investment Fraud: FCA Maintains Vigilance
The FCA continues to actively combat investment fraud. The recent action against Reuben Akpojaro highlights the regulator’s steadfast commitment to investor protection and market integrity.
Investment fraud, a major issue in the financial sector, typically involves schemes promising high returns with minimal risk. These deceptive practices often lure unsuspecting investors into substantial financial losses. The FCA remains dedicated to fighting such schemes.
The ‘all or nothing’ investment scheme in this case serves as a stark example of risky and fraudulent investment practices. The FCA’s actions against these individuals underline the seriousness with which it addresses such activities.
Considering the ongoing nature of this case, the FCA is likely to maintain its firm stance. This case serves as a potent reminder of the potential risks linked to high-risk investment schemes and underscores the importance of investor vigilance.
