FSCA opens criminal case against MTI, says investigation 'nearly complete'

MONEYWEB
MTI responds that this is another attempt by the FSCA to destroy its business.
19:20 
The FSCA says it has, in the last few days, received complaints that investors were unable to redeem their investments. Image: Shutterstock
The Financial Sector Conduct Authority (FSCA) says it has opened a criminal case against Mirror Trading International (MTI) and on Thursday issued a statement providing details of its investigation into the company, which it says is nearing completion.
Last month the FSCA conducted a search and seizure raid on the offices of MTI and the homes of some of its executives, after previously warning the public against investing in the company which has been promoting its bitcoin investment scheme with returns of up to 10% a month.

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