'Safe as houses': The lies of an ex-SJP man who promised the earth

'Safe as houses': The lies of the ex-SJP man who promised the earth

Laura Miller
clock • 3 min read

'Guaranteed' returns of up to 24% a year for a "safe as houses" investment was the line he spun investors. But when it all went wrong the regulator finally caught up with Peter Carron, who was today banned and fined £300,000. This is what happened...

    The culprit: Peter Thomas Carron was, at the time of the wrongdoing identified by the Financial Conduct Authority (FCA), a senior partner and investment adviser at St James's Place Wealth Management (SJP) and an approved person. But he had other ventures...

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