FCA secures two convictions over £1.5m crypto scam that fleeced 65 people

The regulator has brought successful prosecutions against two men from south London who were running a crypto investment scam.

By Neasa MacErlean

Raymondip Bedi, 35, of Bromley, and Patrick Mavanga, 39, of Peckham, will be sentenced at a later date for the £1.5m fraud - which saw at least 65 people persuaded to invest.