Gurvin Singh boasted that he had seven luxurious automobiles together with a gold-wrapped Maserati (Image: SWNS)A scholar who claimed he
A scholar who claimed he was making £110,000 a month from Foreign currency trading is being investigated as a possible scammer.
Gurvin Singh, 20, made headlines earlier this yr when he claimed to have turned £200 into £100,000 on the overseas alternate market whereas learning to turn into a physician.
Instagram snaps of his lavish way of life rapidly amassed him over 170,000 followers.
He made the information once more when he handed out £2,000 in £10 notes to customers in Plymouth and claimed he would make his first million by January.
Nevertheless, the Monetary Conduct Authority has now revealed that they consider Mr Singh and two companies referred to as GS3 Trades Ltd, GS3 Advertising and marketing Restricted have been carrying on unauthorised actions.
They linked the actions to a web site, gurvinsingh.com, Mr Singh’s instagram account @gs_3 and one other account, @gs3trades.
The web site has been scrubbed of all significant data and each instagram accounts have deleted all their posts.
The FCA mentioned: ‘Nearly all corporations and people providing, selling or promoting monetary providers or merchandise within the UK must be authorised by us.
‘Nevertheless, some corporations act with out our authorisation and…