Three ordered by High Court to pay £115 million to UK FSA
Three ordered to pay up for accepting deposits without FSA approval
LONDON – A judgement by the UK High Court has ordered three men to pay £115 million to the Financial Services Authority (FSA) for accepting deposits without authorisation.
The payment represents the total amount of money owed by John Anderson, Kenneth Peacock and Kautilya Nandan Pruthi to clients in November 2008, when the FSA froze all activity at Business Consulting International, a firm run by
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