Specifically, the FCA alleges that Mr Korfuzi used confidential inside information he accessed as an Analyst in his former role at Janus Henderson to enable timely and profitable trading in 49 companies through accounts held by his co-conspirators.
In each case, the defendants used a derivative product called Contracts for Difference in relation to each of these companies, betting that the value of shares would go down after the announcements. In doing so, they were able to realise profits of approximately £1.5 million.
All five are also charged with money laundering offences relating to over 170 cash deposits totalling approximately £200,000.
In March 2021 a multi-site search and arrest operation was conducted by the FCA with the assistance the Metropolitan Police, and four of the defendants were on police bail until they appeared before Westminster Magistrates’ Court today.
The case was formally sent to Southwark Crown Court, where the defendants will appear on 22 February 2023 for a Plea and Case Management Hearing. All the defendants have indicated Not Guilty pleas.
Janus Henderson has co-operated fully with the FCA’s investigation.
The FCA cannot provide any further comment at this time.
Redinel Korfuzi’s date of birth is 20 May 1987, Oerta Korfuzi’s date of birth is 10 September 1988, Iva Spahiu’s date of birth is 6 February 1988, Rogerio de Aquino’s date of birth is 4 November 1961, Dema Almeziad’s date of birth is 30 January 1985.
Janus Henderson is regulated by the FCA.