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FCA bans adviser over fake mortgage applications

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  • Carmen Reichman
  • Carmen Reichman
  • @carmenreichman
  • 24 September 2014
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The Financial Conduct Authority (FCA) has banned an investment and mortgage adviser for submitting fake and misleading mortgage applications.

The regulator ruled Andrew Barlas knowingly submitted two applications to mortgage lenders containing false and misleading information about his income. This meant he is "not a fit and proper person...

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