Estimated reading time: 0 minutes, 24 seconds

Mortgage Advisers Face Criminal Charges Across the Pond

The U.K. Financial Conduct Authority has launched criminal fraud proceedings against a financial adviser and an accountant who allegedly filed fraudulent mortgage applications. So reports Professional Adviser.

brit union jack 1027898 1920The Nottingham pair of Larry Barreto, who ran unauthorized financial services firm Barreto and Partners, and Tassib Hussain, who ran Keystone Chartered Accountants, both face charges involving conspiracy to commit fraud by false representation.

Barreto also faces charges of engaging in regulated activities without authorization.

Read the full article from Professional Adviser.

Read 2205 times
Rate this item
(0 votes)

FOLLOW US