The charge relates to his conduct following the imposition of a restraint order in 2012 and a confiscation order in 2016 arising from criminal proceedings brought by the FCA.

Mr Hope has been remanded in custody until Thursday 15 March 2018, when it is anticipated that a date for sentencing will be set.

Notes to editors

  1. A current indictment is available from the FCA press office.
  2. On 30 January 2015 Mr Hope was sentenced to seven years’ imprisonment for fraud and operating a collective investment scheme without authorisation.
  3. Press release related to Mr Hope’s confiscation order.
  4. On 27 September 2016 Mr Hope was committed to prison for a further 603 days by the City of Westminster Magistrates’ Court as a result of him having only paid £1,000 towards his confiscation order
  5. On 30 November 2017, Mr Hope was charged with perverting the course of justice.
  6. The final notice banning Alex Hope from the financial services industry.
  7. On 1 April 2013, the FCA became responsible for the conduct supervision of all regulated financial firms and the prudential supervision of those not supervised by the Prudential Regulation Authority (PRA).
  8. The FCA has an overarching strategic objective of ensuring the relevant markets function well. To support this it has three operational objectives: to secure an appropriate degree of protection for consumers; to protect and enhance the integrity of the UK financial system; and to promote effective competition in the interests of consumers.
  9. Find out more information about the FCA.

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