John Burford pleads guilty in £1 million investment fraud case

John Burford, the sole director of Financial Trading Strategies Limited, has pleaded guilty in a £1 million fraud case, following an investigation and prosecution by the FCA.

Burford operated a paid subscription service via his company’s website, offering daily trading alerts, investment advice, and access to three self-branded “tramline” funds.

Over 100 investors entrusted him with their money. However, Burford was not authorised by the FCA to advise on or manage investments. He made over £1 million, using the funds to purchase property and cover personal expenses.

Throughout the scheme, Burford misled investors about the true value of the funds and concealed significant trading losses.

He is due to be sentenced at Southwark Crown Court at a later date. The FCA will pursue confiscation orders to recover the stolen funds and return money to victims.

Steve Smart, Joint Executive Director of Enforcement and Market Oversight at the FCA, said:

“Mr Burford fleeced unwitting investors to fund his own lifestyle. Stopping criminals who exploit the public’s trust is one of our highest priorities.”