FCA has achieved a settlement in the High Court that will enable investors in an illegal land banking scheme to recover £380,000. Several unauthorised entities were involved in the scheme, which FCA believes had around 70 investors. The sums FCA has obtained are a small fraction of the amount lost but FCA believes that in settling the action now it has achieved the best possible outcome from court proceedings for the investors. (Source: FCA Gets Court Settlement Over Land Banking)