Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

MYSTERIOUS: Wealthtek - You Need To See This

Barclays fined £42m over poor handling of financial crime risk

FCA fines bank for failures relating to money-laundering risk linked to two businesses

The Guardian - UK · Jul 16, 2025

Barclays fined £42m by watchdog over money laundering checks

The Financial Conduct Authority fines relate to separate failings linked to the WealthTek and Stunt & Co businesses.

Evening Standard · Jul 16, 2025

Leading racehorse owner John Dance charged in ‘one of largest frauds ever investigated’

Dance, who owned six-time Group 1 winner Laurens and co-owned Cheltenham Gold Cup runner-up Bravemansgame, has been charged with nine criminal offences

The Independent UK · Dec 19, 2024

From analysis to the latest developments in health,
read the most diverse news in one place.

Racehorse owner John Dance charged with nine offences in ‘serious’ fraud probe

Dance is accused by the Financial Conduct Authority of transferring more than £64 million from client accounts.

Evening Standard · Dec 18, 2024

Talking Horses: Dance ban latest twist in story of debts and alleged fraud

Horses of prominent owner have again been suspended from competing at racecourses with immediate effect

The Guardian - UK · Sep 25, 2023

Newcastle superclub and pub The Lofts and The Hustle closed with £7m deficit, documents show

The venues closed after becoming involved in an ongoing FCA investigation into a separate business owned by company director John Dance

Birmingham Post · Jun 30, 2023

Administrators find £81m potential shortfall in WealthTek client money as director's assets frozen

The Financial Conduct Authority says it is investigating the firm and its founder John Dance over potential regulatory breaches relating to client money and custody assets, and criminal offences of fraud and money laundering.

Birmingham Post · Jun 1, 2023

Read news from The Economist, FT, and more,
with one subscription

Talking Horses: Bravemansgame case puts spotlight back on owner rules

Britain’s best staying chaser can run at Punchestown this week but the saga of John Dance’s racing interests is far from over

The Guardian - UK · Apr 24, 2023

Newcastle's WealthTek and Vertem Asset Management shut down by financial watchdog

Special administrators are now handling the group's affairs

Birmingham Post · Apr 13, 2023

Coverage From

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Financial Conduct Authority

225 stories

BHA

165 stories

Financial Conduct Authority

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.