Trio charged with fraud after victims' pension funds squandered on high-risk CFDs

The FCA has charged two men and a woman with fraud amidallegationsof false statements that individuals whose retirement savings were placed in high-risk contract for difference (CFD) schemes qualified as professional investors; many victims saw their "pension funds almost entirely lost".

By Neasa MacErlean

Kristofer McGuire (aged 47), Keith Williamson (73) and Karla Walker (45) will appear before Westminster Magistrates' Court on 7 June and, if ultimately found guilty, face punishments of a fine and/or imprisonment of up to ten years.