A convicted fraudster has been banned from carrying out regulated activity by the Financial Conduct Authority (FCA) after failing to disclose he was under criminal investigation.
Matthew Creed failed to inform the regulator about his bankruptcy and disqualification as a company director, the FCA said. Creed was also convicted of dishonesty offences under the Insolvency Act 1986. The FCA said the company director "lacks honesty and integrity in respect of his dealings with the authority". Creed had been approved to carry out FCA regulated functions at AAA Management between January 2005 and December 2019. He was also the director of a company not regulated by the FCA, PEL, between January 2002 and April 2013. The FCA said that, between February and August 20...
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