Tortoise Media have done a total history and breakdown of this horrible arsehole. Recommend
The fact it’s taken until 2021 is pretty suspect, he’s been blatantly dodgy for years. Exactly the kind of person I’d look at if I were a tax inspector or regulator.
Problem is he’s lost so much money by being a bad hedge fund manager that the two times his gambles have paid off are massively outweighed by his years of losses
It’s a close tie between him and the haunted pencil Rees Mogg for the worst fund manager of the century
Maybe should have gone the corruption route like their mates!
The FCA actually started looking into his companies in 2020. The are normally this slow.
If you check the Notices on their website, investigations take them years. Recent decisions have gone back to 2016/2017.
The truth is that the FCA is massively bureaucratic and slow moving.