UK Financial Conduct Authority Commences Criminal Proceedings Against Brothers For Insider Dealing And Fraud Date
16/02/2021
Following an investigation by the Financial Conduct Authority, the FCA has commenced criminal proceedings against Mohammed Zina and Suhail Zina.
The proceedings relate to six offences of insider dealing, contrary to section 52(1) of the Criminal Justice Act 1993, and three offences of fraud by false representation, contrary to section 1 of the Fraud Act 2006.
Mohammed Zina was employed by Goldman Sachs International as an analyst in the Conflicts Resolution Group in their London office. Suhail Zina was a solicitor at Clifford Chance, also in London.
The alleged offending took place between 15 July 2016 and 4 December 2017 and involved trading in the following stocks:
A prominent Suffolk businessman who faces extradition proceedings to the United States looks set to have to wait until at least May to learn his fate.
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Welcome to our first weekly round up of crime across Gloucestershire. It s been a busy week for the police with incidents ranging from a car being seized in connection with a murder probe, a woman being threatened with a stun gun to a burglary at a fire station and stones being thrown at moving cars. Police rely on witnesses with information to come forward. If you have any information please contact 101 or fill in a report using the website, quoting the crime reference number if given. Or, call Crimestoppers anonymously on 0800 555 111.
Two men charged in connection with burglary
Last Friday (February 5)
The offences are:
Providing a service to others that enabled them to obtain, read, listen to or look at a publication, and he intended an effect of his conduct to be a direct or indirect encouragement or other inducement to the commission, preparation or instigation of acts of terrorism contrary to section 2 of the Terrorism Act 2006.
Inviting others to provide funds intending, or having reasonable cause to suspect, that it would be use for the purposes of terrorism contrary to section 15 of the Terrorism Act 2000.
Possession of information likely to be useful to a terrorist contrary to section 58 of the Terrorism Act 2000.