FCA bans adviser Paul Ulliott over handling stolen goods

Goods included silver tankards, swan candlesticks, and sterling silver salt

Isabel Baxter
clock • 1 min read

The Financial Conduct Authority (FCA) has banned former adviser Paul Ulliott after he handled stolen goods.

This decision was made by the regulator in a financial notice released yesterday (15 January). Until 21 April 2023, Ulliott was an authorised sole trader and was approved by the FCA to work within money laundering reporting from May 2016 to December 2019 and be a money laundering reporting officer between December 2019 and April 2023. He was also a director and executive director at Newland Pledge, a jewellers which he owned. On 17 December 2021, he was tried and convicted at Kingston-Upon-Hull Crown Court for handling stolen goods. On that day, Ulliott was sentenced to two years and ...

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Isabel Baxter
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Isabel Baxter

Senior Reporter at Professional Adviser

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