Don't assume this guy is smart enough to plan an exit strategy. He isn't going anywhere, Look at the things he has done.
Company registered in his own name.
Company registered to home address, not a London PO.
Facebook advertising his company and flashing what he's doing with investors money.
Not being FCA compliant
Do you think he has done his AMLs and KYCs for every investor
He will be at home talking to a law firm about what's going on and they will be charging him a fortune for legal advice and tell him "we will represent you, it will all be ok" and they will milk him along the way to jail and remember this will all be paid for by investors money.
I wasn't assuming he had an exit strategy; any scammer with an ounce of common sense would have scarpered ASAP.
He hasn't even set up his company properly either; 1 share with a nominal value of £2!! More likely he meant 2 shares with a nominal value of £2 but given that he couldn't do that bit correct then it is just shocking the amount of stupidity being exercised by some at giving money to our ex-grocery boy, with 5 years worth of trading experience and is not a multi-millionaire himself after 5 years and is purporting to generate returns of 3% per day. I mean... had they done some background research and just thought about it then this scheme wouldn't have even got off the ground.
I do not doubt in the slightest that our hometown financial wizard has performed any AML checks or KYC checks.. Especially any 3rd party investors utilising people already on the "waiting list". I'll gladly shake his hand and apologise to his face if this scheme, contradictory to opinion, is actually legit.