Former mortgage broker to fight FSA alone

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A former mortgage broker is taking on the FSA without any legal representation as part of a £1.67m libel claim.

Adam Lucas, who ran People Loans between 2004 and 2007, claims the FSA has damaged his reputation by publishing a final notice against him for failing to pay fees and levies of £1,349.41. He says: "I had relinquished my own permission well over a year before they think I did. I hadn't submitted the last three RMARs and it is well known if you don't submit one you have your permission taken away. "In the decision notice, they said there wasn't a response to their warning notice, but there was. It is there in the court documents in black and white." Lucas has launched a claim for £1....

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