Forex Trader Who Spent £320,000 on Champagne Arrested

In March, 23-year-old UK Foreign Exchange trader Alex Hope made headlines for reportedly spending more than $320,000 on champagne at a Liverpool night club. Exactly one month later, he’s back in the news. But this time, instead of libations, it’s about allegations.

Hope was arrested Tuesday by the U.K.’s Financial Services Authority “on suspicion of being involved in an unauthorised foreign exchange trading scheme,” City A.M reported. His publicist, who told City A.M. that Hope denies the allegations, had no further comment when contacted by The Huffington Post.

The Gaurdian newspaper confirmed that suspect was Hope, who made international news after spending about $200,000 on a bottle of Champagne while partying with Manchester United soccer players
More here...

Oboy!... No wonder, now we know were all the money went after the melt down...

Davids Africa Blog