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Dubai regulator fines & bans U.K. national Stuart Coles after OffshoreAlert exposé

Stuart Coles, Dubai ban

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.