Novus Money

An investigation by the Dubai Financial Services Authority that was triggered by an OffshoreAlert exposé has resulted in a $240,000 fine and industry ban for United Kingdom national Stuart Coles and public censures for three of his companies, Coworth Investments, Coworth Fintech, and Novus Fintech.

Decision Notice by the Dubai Financial Services Authority imposing a fine of $240,000 and industry ban on Stuart Coles, a citizen of the United Kingdom.

Decision Notice b the Dubai Financial Services Authority that it has imposed a Public Censure on Novus Fintech Ltd., whose "sole owner and director" was identified as Stuart Coles, a citizen of the United Kingdom.

Decision Notice by the Dubai Financial Services Authority that it has imposed a Public Censure on Coworth Fintech Ltd., whose "sole owner and director" was identified as Stuart Coles, a citizen of the United Kingdom.