Introducer Today

News Story

Mortgage advisor pleads guilty to charges

Wednesday 29th October 2008

A mortgage advisor has pleaded guilty in a London court to forgery.

Simon Robert Gray, who practiced in Bury St Edmunds in Suffolk, admitted a total of nine charges.

He said that he breached the Forgery and Counterfeiting Act 1981 four times, by using forged documentation in job applications to mortgage advice firms.

One of the applications was to be an appointed representative of the advisory service, while the other was for a directorship.

In court today, Mr Gray said that he had committed five offences of providing misleading information to the Financial Services Authority (FSA), regarding his fitness to practice.

Mr Gray worked as the director of Direct Mortgages in the town between 2004 and 2007.

The FSA had no comment to make, as the case has yet to reach a resolution.

City of Westminster Court today adjourned the case until next month, in order to prepare a pre-sentence report.

© Copyright 2007

Send to a Friend

View Comments 1 comments

Report Abuse

Posted By Malcolm McPheat on Wednesday 29th October 2008 11:47:23

Get Profile

I was under the mistaken impression that the Financil Services Authority was put in place with powers that exceeded any other organisation in order to regulate the financial services and banking industry and protect the public. I attended several Canary Wharf seminars and listened with awe as the gold plated ladies and gentlemen expounded their organisations virtues and powers so that they could oversee and contrl these market places. I note that Mr Sant is an ex banker!

Post Comments

Please login to post comments:

Post Comments without login

Most Read News Stories:

Regulator to ban self-cert mortgages
Tuesday 13th October 2009

Tesco to launch mortgages before current accounts
Monday 23rd November 2009

Order to suspend HIPs is signed
Monday 17th May 2010

Mortgage advisor pleads guilty to charges
Wednesday 29th October 2008

Case result major blow for claims management firms
Monday 26th October 2009

Discuss in Forum

RSS Feed News Archive

Share this article:

Digg it

Del.icio.us

Newsvine

Nowpublic

Feedback:

If you have any questions or suggestions about this article or our news section, please don't hesitate to contact us.

Claims Financial are a market leader in the £30 billion financial compensation market and 99% of our work comes from partners just like you.

Read More