Showing 1 to 10 of 74 search results for proceedings in enforcement case.

1. Larry Barreto and Tassib Hussain sentenced for mortgage fraud

   Press Releases Published: 28/03/2024 Last modified: 28/03/2024
   On 27 March 2024, Larry Barreto and Tassib Hussain were sentenced for fraud offences following a prosecution brought by the FCA, which saw the pair convicted in November 2023.

2. Convicted illegal money lender imprisoned for failing to pay confiscation order

   Press Releases Published: 16/02/2024 Last modified: 16/02/2024
   Illegal money lender, Dharam Prakash Gopee (70), has been sentenced to almost 8 years in prison for failing to pay a confiscation order.

3. Two individuals guilty of making £3m worth of fraudulent mortgage applications

   Press Releases Published: 15/11/2023 Last modified: 15/11/2023
   Larry Barreto, based in the East Midlands, has been found guilty today of 11 charges of fraud by false representation following a prosecution brought by the FCA.

4. FCA bans Geoffrey Armin for failures in advice given to British Steel Pension Scheme Members, with £200k to be paid in compensation

   Press Releases Published: 03/11/2023 Last modified: 03/11/2023
   The Financial Conduct Authority (FCA) has banned Geoffrey Armin from advising customers on pension transfers and pension opt outs, and from holding any senior management function in a regulated firm.

5. Andrew and Peter Currie sentenced to a combined 8 years for fleecing consumers through Collateral P2P platform

   Press Releases Published: 14/07/2023 Last modified: 14/07/2023
   On 14 July 2023 Peter Currie and Andrew Currie were sentenced to 5.5 years and 2.5 years imprisonment for fraud and money laundering following prosecution by the FCA

6. FCA fines Pembrokeshire Mortgage Centre Ltd £2.4m for serious failings in relation to the British Steel Pension Scheme

   Press Releases Published: 02/12/2022 Last modified: 02/12/2022
   The FCA has fined Pembrokeshire Mortgage Centre Limited (PMC) (trading as County Financial Consultants) (in liquidation) £2,354,331 for giving consumers unsuitable advice to transfer out of the British Steel Pension Scheme and other defined benefit

7. FCA issues Final Notice to former CEO for anti-money laundering failings

   Press Releases Published: 18/11/2022 Last modified: 18/11/2022
   We have publicly censured Mohammad Ataur Rahman Prodhan, the former Chief Executive Officer of Sonali Bank (UK) Limited (SBUK) for anti-money laundering (AML) failings.

8. FCA obtains High Court judgment against unauthorised mortgage brokers

   Press Releases Published: 14/11/2022 Last modified: 14/11/2022
   The FCA has obtained a judgment against London Property Investments (U.K) Limited (LPI), NPI Holdings Limited, their director Daniel Stevens and his father, Tony Stevens, for arranging mortgages without FCA authorisation and exploiting vulnerable

9. FCA publishes Decision Notices for Barclays plc and Barclays Bank plc (together “Barclays”)

   Press Releases Published: 21/10/2022 Last modified: 21/10/2022
   Barclays have referred their Decision Notices to the Upper Tribunal. Any findings in the Notices are therefore provisional and reflect the FCA’s belief as to what occurred and how it considers the firms’ behaviour should be characterised.

10. PRA and FCA conclude investigations into senior managers in relation to the 2008 failure of HBOS plc

    Press Releases Published: 26/08/2022 Last modified: 26/08/2022
    PRA and FCA joint investigations into certain former senior managers at HBOS plc have now concluded with a decision by each of the Authorities’ independent decision-makers to take no further action.