Jail for conman trader

A conman who posed as a regulated trader on Instagram to con ‘vulnerable’ investors out of their savings was jailed for 18 months. James Davis, 23, advertised his services on social media promising fast, lucrative returns, sometimes within a week. Davis told potential investors he was regulated by the Financial Conduct Authority and sent out official documents to maintain the facade. He was a teenager when he raked in £11,700 from seven victims during 2014 and they ever received a…