FCA Charges Ex-Janus Analyst and Four Others for Insider Dealing

The United Kingdom's Financial Conduct Authority (FCA ) charged Redinel Korfuzi, a former Janus Henderson analyst, alongside four others for over a 1.5 million pound ($1.85 million) conspiracy to commit insider dealing and money laundering between December 2019 and March 2021.

According to the Britain's markets watchdog, Redinel Korfuzi used confidential and sensitive information he accessed while working at the asset manager to trade in 49 companies through accounts held by his co-conspirators.

Furthermore, FCA alleged that Korfuzi and others deployed the privileged information to trade contracts for difference (CFDs) on the companies, making approximately £1.5 million as a result.

They also face money laundering charges relating to over 170 cash deposits totalling around 200,000 pounds.