Shadow banking tycoon’s company wrongly claimed FCA approval
Yahoo Finance·2026-04-05 20:12

Paresh Raja, the founder of Market Financial Solutions, first bought a 50pc stake in Creative Market Finance in 2016 - Mortgage Introducer A company tied to the collapsed shadow bank Market Financial Solutions (MFS) misled investors by wrongly claiming it had regulatory approval. Creative Market Finance, formerly owned by Paresh Raja, the founder of MFS, wrongly claimed for two years that it had a licence from the Financial Conduct Authority (FCA). Between 2016 and 2018, the company advertised the seal ...

Shadow banking tycoon’s company wrongly claimed FCA approval - Reportify