Connect with us

More Insights

UK Sends 2 to Prison for Combined 12 Years for Crypto Scam

Published

on

The UK has sentenced two men to a combined total of 12 years in prison after they admitted to running a crypto scheme that stole over 1.5 million British pounds ($2 million) by cold-calling victims. 

The Financial Conduct Authority said on Friday that a central London court handed the scheme’s operators, Raymondip Bedi and Patrick Mavanga, their sentences after the pair pleaded guilty to multiple charges in November.

Bedi was sentenced to five years and four months behind bars, while Mavanga was sentenced to six years and six months.

“Bedi and Mavanga lured investors with promises of high returns on crypto investments, but their schemes were nothing but a callous scam,” Steve Smart, the FCA’s joint executive director of enforcement and market oversight, said at the time of the pair’s conviction in November.

Pair ran cold-calling crypto con

The FCA said in November that between February 2017 and June 2019, the pair were part of a group that would cold-call people to direct them to a “professional-looking website where they were offered high returns for fake investments in crypto.”

The duo managed to defraud at least 65 investors out of just over 1.54 million British pounds ($2.1 million) over that time.

Source: Financial Conduct Authority

The money was sent to companies they operated —  Astaria Group LLP, CCX Capital and authorized clones of the firms Ian Buckley Financial Services and Capital Partners Group.

Duo were “leading players” in scam

In sentencing on Friday, the FCA said Southwark Crown Court Judge Griffiths remarked that Bedi and Mavanga “were both leading players in a conspiracy whereby the victims of the fraud were persuaded to invest in cryptocurrency consultancy”

“You conspired to drive a coach and horses through the regulatory system,” he reportedly told the pair.

Related: 5 ‘insidious’ crypto scams to watch out for this year 

The FCA’s Smart said the pair “ruthlessly defrauded dozens of innocent victims, and it is right that they have received these prison sentences.”

Bedi and Mavanga pled guilty to crypto scheme

The two men were first charged in April 2023. The FCA said in November last year that Bedi pleaded guilty to conspiracy to defraud, money laundering and conspiracy to breach the UK’s financial services laws.

Mavanga similarly pleaded guilty to conspiracy to defraud and conspiracy to breach finance laws, along with admitting to possessing fake identification documents with an improper intention.

He was also convicted by a jury of perverting the course of justice for deleting phone call recordings after Bedi was arrested in March 2019.

At the time, a jury did not reach a verdict on a third unnamed defendant, and they would face a retrial in September, while Rowena Bedi, a fourth person charged in connection with the scheme, was acquitted of a single money laundering charge, the FCA said.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More Insights

Digital Media Marketing and Handling Service

Published

on

digital marketing

The biggest secret to business success in today’s era is online presence. If your business does not have a strong identity on social media, then you are missing out on a huge customer base. This is why digital media marketing and handling has become a must for every small and big business.

What is digital media marketing?

Digital media marketing is the process through which you promote your products or services on social media platforms such as Facebook, Instagram, YouTube, TikTok, LinkedIn and Twitter. Along with this, Google Ads and other online platforms are also used for marketing.

Our services include:

  • Social Media Page Creation and Management
  • Facebook and Instagram Ads Execution
  • YouTube Marketing
  • TikTok and Short Video Marketing
  • Brand Hashtags and Trending Campaigns
  • Content Creation (Posts, Videos, Captions)
  • Customer Interaction and Comments Handling

Benefits:

  • Increase Sales – Digital Marketing brings customers directly to your business.
  • Brand Recognition – A presence on social media makes you popular and trustworthy.
  • More Profit for Less – Online marketing is much cheaper and more effective than traditional advertising.
  • Target Audience – You can show ads for your product only to people who are interested in it.
  • 24/7 Promotion – Your business reaches customers 24/7, day and night.

Which businesses need it?

  • Restaurants and Cafes
  • Clothing and Fashion Brands
  • Dentists and Clinics
  • Online Stores and E-Commerce
  • Gyms, Spas and Beauty Salons
  • Bakeries and Food Businesses
  • Travel Agencies
  • IT and Software Companies

Prices:

The cost of digital media marketing depends on the nature of your business, services and advertising budget.

Why choose us?

  • Professional Team
  • Innovative Marketing Strategies
  • Effective Campaigns
  • Full Handling and Regular Reports

Contact

Contact us today to take your business to new heights of online success:
Use this email to contact us abdullahleads786@gmail.com or Use Click to use Contact Form so that our team can contact you.

Continue Reading

More Insights

Professional Graphic Designing Service

Published

on

A Complete Solution for Your Business

The world is rapidly moving towards digitalization and in such a situation, the success of a business does not only depend on the product or service but also on how you present your brand. An attractive design not only impresses the customer but also strengthens the identity of your business. This is why professional graphic designing service has become indispensable for every small or large business.

What is graphic designing?

Graphic designing is a creative process through which various visual elements such as images, colors, fonts and layouts are combined to create a design that presents the message in a simple, effective and attractive way. It is not only used in advertising and marketing but also plays a key role in branding and creating a business identity.

Our Graphic Designing Services

We provide all kinds of designing solutions keeping in mind the different needs of the business, including:

1- Logo Designing
Logo is the identity of your business. A unique and memorable logo makes you stand out from the crowd in the market.

2- Social Media Design
In today’s era, you can’t get your message across on Facebook, Instagram, and LinkedIn without professional design. We create attractive social media posts, covers, and ad banners for you.

3- Brochures and Flyers
Quality brochures and flyers are essential for print marketing. They present your products and services in detail and in a professional manner.

4- Web and App Design
The success of a website or mobile app depends on its user experience. Our design team creates modern and user-friendly designs.

5- Business Card and Stationery Design
A beautiful and professional business card makes a good first impression on your customer. Similarly, stationery design makes your business more professional.

6- Packaging Design
If you sell a product, its packaging plays a big role in its sales. We provide modern and unique packaging designs.

Benefits of Graphic Designing for Business

Increase Brand Recognition
A quality design makes your business stand out from the rest in the market and memorable.

Attracting Customers
Attractive graphics attract customers and make them interested in your service or product.

Increase Sales
According to research, good designs directly influence a customer’s purchasing decision.

Professional Image
When your business comes out with quality and professional graphics, it builds trust and customers take you seriously.

Which businesses need graphic designing?

Graphic designing is essential for almost every sector, such as:

  • Restaurants and Cafes
  • Clothing and Fashion Brands
  • Dentists and Clinics
  • E-Commerce Stores
  • Spas and Salons
  • Schools and Academies
  • Carpenters, Plumbers and Electricians
  • Bakeries and Food Businesses
  • IT Companies
  • Pharmacies and Medical Stores

Whether your business is small or large, professional design always adds value to you.

Prices

The price of our graphic design projects depends on your requirements and features. If you want a simple design, it will cost less, while large and complex designs will require more time and budget.

Why choose us?

  • Team of experienced designers
  • Using modern tools and software
  • Fast and quality delivery
  • Creative designs according to customer requirements

Contact

Take your business to new heights with professional and modern graphic designing. For more details and orders, contact us today:

Use this email to contact us abdullahleads786@gmail.com or Use Click to use Contact Form so that our team can contact you.

Continue Reading

More Insights

Web Designing and Development Service

Published

on

web design

Your Business’s Digital Identity

The world is rapidly becoming digital. In today’s era, no business is complete without a professional website. A beautiful, fast and user-friendly website not only gives your business an online presence but also increases your sales, customers and brand image manifold.

To fulfill this need, we offer:

Professional Web Designing and Development Service

This service is suitable for all types of businesses, whether your business is small or big, whether you are running an online store or providing a service.

Which businesses need a website?

  • Restaurants and bakeries → Customers can view menus, make bookings and place orders online.
  • Schools and colleges → Admissions, fees and course information can be available online.
  • Hospitals and clinics → Patients can easily access appointments and reports.
  • Online shops and superstores → Products can be sold online through e-commerce websites.
  • Travel agencies and hotels → Packages, room bookings and ticketing can be done online.
  • Business companies → A professional website increases the reputation of the business.
  • Clothing stores and boutiques → Sales increase with online catalogs and ordering systems.
  • Freelancers and startups → Can present their services and profile to the world.

Benefits of Web Designing and Development

  1. Online Presence

Having a website makes your business accessible 24/7 worldwide.

  1. Increase in brand value

A professional website gives your business trust and credibility.

  1. More customers and sales

With a website, you can reach more customers and increase your sales.

  1. Digital Marketing Opportunities

You can grow your business through SEO, Google Ads, and social media marketing through a website.

  1. Customized Features

Features can be added to the website as per the needs of your business, such as e-commerce, booking system, blog section, etc.

Price is determined by ?

The cost of web design and development depends on various factors, such as:

  • Type of website (e-commerce, corporate, blog, etc.)
  • Number of features and functions
  • Level of design and customization
  • Database and back-end requirements
  • SEO and marketing integration

Therefore, the price of each website is determined according to its requirements.

Why choose our service?

  • Professional and Creative Design
  • Development based on modern technologies
  • Mobile and desktop friendly websites
  • SEO and digital marketing ready
  • Complete customization according to your business
  • Support and updates after launch

Result

If you want your business to succeed in the online world and attract more customers, then Professional Web Designing and Development Service is the best choice for you. It will not only provide you with an online presence but will also increase your sales and business growth manifold.

Contact

Use this email to contact us abdullahleads786@gmail.com or Use Click to use Contact Form so that our team can contact you.

Create your professional website today and make your business stand out in the digital world.

Continue Reading

Trending