Monday 29 April Alex Hope, a year-old former Wembley stadium catering manager who reinvented himself as a day-trading currency markets expert in a blaze of publicity, has been charged with financial services offences and fraud.

It is thought Hope and the second man, Raj Von Badlo, of Bourne End, Buckinghamshire, will deny wrong-doing though they could not be reached for comment. Hope's flat in London's Docklands had been targeted in a dawn police raid a year ago and he declined to comment at the time.

Alex Hope, Year-Old Millionaire, Arrested In UK For Trading Scheme | HuffPost

In an interview last year , Hope said: Hope and Von Badlo have been bailed to appear before City of London magistrates court on 8 May. In the same week, Hope financed the inaugural Fast Growth Entrepreneurs Club networking event at the Westbury Gallery in Mayfair, London.

The London Stock Exchange authorised the use of its name as a sponsor of the event, attended by about 60 entrepreneurs and investors, but is understood not to have provided funding.

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Hope managed to attract considerable publicity, both online and in newspaper coverage, with great attention paid to his age. He said he studied sports science at university and was barred from switching to economics because he did not have an A-level in maths. Undeterred, he taught himself.

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