The Financial Conduct Authority (FCA), the UK’s financial regulator, is taking legal action against property investment firm Hunter Jones, which operates under the names Hunter Jones and Hunter Jones Group. The FCA is suing the company in the high court, alleging that it has been conducting regulated financial activities without the proper authorization. The regulator is asking the court to stop the company from continuing such activities and to require it to return money to investors who may have been affected. Hunter Jones, which is run by social media influencer Reece Mennie, claims to have raised over £300 million for property investments by promoting loan notes to potential investors. Loan notes are a form of debt instrument that companies issue to raise capital, often with specific repayment terms. They can be secured (backed by collateral) or unsecured (without collateral). The FCA has not yet determined the outcome of the case, and no trial date has been set. Hunter Jones has been contacted for a response to the allegations. The FCA’s action comes after another firm, Equity for Growth (securities), which previously provided regulatory cover for Hunter Jones to market loan notes, was recently censured by the regulator. This indicates that there may be broader issues with how Hunter Jones and its partners have approached financial regulation. Reece Mennie, the firm’s leader, is a well-known figure on social media, with over 76,000 followers on Instagram and a podcast that has featured high-profile guests such as former England footballer John Terry and boxer Conor Benn. The FCA has urged any investors who have concerns about their involvement with Hunter Jones to reach out directly. They can contact the regulator at AvillConsumers@fca.org.uk for further assistance. The case highlights the importance of proper regulatory compliance in the financial sector, particularly when dealing with investment products that can have significant financial implications for individuals.