Former financial adviser and convicted fraudster Neil Williams-Denton has been permanently banned from carrying out regulated activity by the Financial Conduct Authority (FCA).
In a decision notice published on the FCA's website on Thursday (8 August), it said Williams-Denton was "not a fit and proper person" to perform any function in relation to any regulated activity carried out by an authorised person. Williams-Denton was sentenced in 2015. He was convicted of two counts of conspiracy to cheat the public revenue. The convicted fraudster, who was formally a director at Cheshire-based adviser firm Greystone Financial Services, was sentenced to 72 months imprisonment. In addition to his conviction, the former adviser was fined £36,000. In his sentencing...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
