Further arrest in FSA and SOCA insider dealing investigation
By Bridging Loan Directory -
Searches were conducted today at one London business address and two domestic premises in London and Kent. A 44 year old man has been arrested and interviewed under caution at a London police station. He has been released on bail pending further enquiries.
The searches and arrest arise out of a complex insider dealing investigation which is being conducted by the Financial Services Authority (FSA) and the Serious Organised Crime Agency (SOCA).
A large number of business and domestic premises were searched in March 2010 and a number of individuals were arrested in the FSA’s largest ever insider dealing operation. They have been interviewed under caution and remain under investigation. In April 2011 further searches were conducted and a further arrest was made. The investigation is ongoing.