Accused FX Fraudster Missing from London Criminal Trial
The London criminal trial of a foreign exchange (FX) fraudster has been thrown into disarray after the accused failed to appear in court. The defendant, who is accused of defrauding investors of millions of pounds, has been missing since the start of the trial.
Background of the Case
The defendant, who is in his late 40s, is accused of running a fraudulent FX trading scheme between 2015 and 2018. He is alleged to have defrauded investors of more than £2 million. The defendant is also accused of failing to comply with the Financial Conduct Authority’s (FCA) rules and regulations.
The defendant was arrested in 2019 and charged with fraud and money laundering. He was released on bail and was due to stand trial in April 2021. However, he failed to appear in court and has been missing since then.
The Missing Defendant
The defendant’s whereabouts are unknown and the police have been unable to locate him. The prosecution has requested a warrant for his arrest, but the judge has refused to issue one. The judge has also refused to adjourn the trial, despite the fact that the defendant is missing.
The prosecution has argued that the defendant is deliberately avoiding the trial and is trying to evade justice. The defence has argued that the defendant is not deliberately avoiding the trial and that he may have gone abroad.
The Impact of the Missing Defendant
The defendant’s absence has had a significant impact on the trial. The prosecution has been unable to present its case and the defence has been unable to present its arguments. The judge has been forced to adjourn the trial several times in order to allow the prosecution to investigate the defendant’s whereabouts.
The prosecution has argued that the defendant’s absence is prejudicial to the trial and has requested that the judge issue a warrant for his arrest. The defence has argued that the defendant’s absence is not prejudicial and that the trial should proceed without him.
The Future of the Trial
The future of the trial is uncertain. The prosecution has requested a warrant for the defendant’s arrest, but the judge has refused to issue one. The judge has also refused to adjourn the trial, despite the fact that the defendant is missing.
The prosecution has argued that the defendant is deliberately avoiding the trial and is trying to evade justice. The defence has argued that the defendant is not deliberately avoiding the trial and that he may have gone abroad.
The judge has adjourned the trial several times in order to allow the prosecution to investigate the defendant’s whereabouts. However, the prosecution has been unable to locate the defendant and the trial is still ongoing.
The Impact on Investors
The defendant’s absence has had a significant impact on the investors who were defrauded by the FX trading scheme. The investors have been unable to get their money back and have been left in limbo.
The investors have expressed their frustration at the defendant’s absence and have called for the trial to be concluded as soon as possible. They have also called for the defendant to be brought to justice and for the money to be returned to them.
The Future of the Investors
The future of the investors is uncertain. The trial is ongoing and the defendant is still missing. The investors have expressed their frustration at the defendant’s absence and have called for the trial to be concluded as soon as possible.
The investors have also called for the defendant to be brought to justice and for the money to be returned to them. However, it is unclear when or if this will happen. The investors are in limbo and are hoping for a resolution to the case soon.