John Dance, former principal partner of WealthTek LLP, is set to stand trial in September 2027 at Southwark Crown Court following criminal charges brought by the FCA

In December 2024, John Dance was charged with allegedly misappropriating £64 million in customer funds between 2014 and 2023.

At a plea and trial preparation hearing on 24 February 2025, he pleaded not guilty to three counts of fraud by abuse of position and three counts of fraud by false representation.

Separately, the High Court has ordered, with the consent of both the FCA and John Dance, that civil proceedings initiated by the FCA in April 2023 will remain on hold until the conclusion of the criminal trial or further direction from the court.