The Financial Conduct Authority (FCA) announced that Nicholas Harper has been convicted of encouraging or assisting an offence to be committed in breach of the Data Protection Act in a prosecution brought by the FCA, but was acquitted after a retrial of conspiracy to defraud and of an offence linked to carrying on regulated activity in the UK without FCA authorisation. Harper, 26, from Taunton, pleaded guilty on 1 September and was fined GBP 100 and ordered to pay a GBP 30 victim surcharge for the data protection breach. The case sits alongside related convictions in which Raymondip Bedi and Patrick Mavanga were previously sentenced to a combined 12 years’ imprisonment for a scam that defrauded at least 65 investors of GBP 1,541,799, while another individual, Minas Filippidis, is wanted in relation to the same offences; the FCA said it cannot share further details about the Data Protection Act breach at this time.
Financial Conduct Authority 2025-12-05
Financial Conduct Authority secures Data Protection Act conviction for Nicholas Harper while jury acquits him of fraud and unauthorised business offences
The Financial Conduct Authority (FCA) announced Nicholas Harper's conviction for encouraging or assisting a breach of the Data Protection Act, resulting in a GBP 100 fine and a GBP 30 victim surcharge. Harper was acquitted of conspiracy to defraud and conducting regulated activity without FCA authorisation. This case is linked to previous convictions of Raymondip Bedi and Patrick Mavanga, sentenced to a combined 12 years for defrauding investors of GBP 1,541,799.