Hannah Laming, a partner at law firm Peters & Peters who used to work for the FCA, said the sentencing was a “timely reminder of the good that can come from the FCA’s powers”. “The defendant took advantage of elderly victims in a boiler-room scam that led to the loss of nearly £3m. This type of fraud can sometimes slip through the net with the perpetrators avoiding punishment. So, this is a very positive outcome for the FCA and, most importantly, the most vulnerable in society,” she said. Read more.