FCA bans fare-dodging BlackRock manager from financial services

first_imgMonday 15 December 2014 9:21 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For Seniors Express KCS FCA bans fare-dodging BlackRock manager from financial services THE FINANCIAL Conduct Authority yesterday banned the former BlackRock investment manager Jonathan Burrows from the financial services industry for dodging rail fares worth £43,000.The UK’s financial watchdog said that Burrows, who resigned from BlackRock in August, was “not fit and proper” to have a role in any of the services it regulated.Describing him as someone who “lacks honesty and integrity”, it also said that someone in Burrows’ senior position should have been a role model for others.Tracey McDermott, the FCA’s director of enforcement and financial crime, said: “Burrows held a senior position within the financial services industry. His conduct fell short of the standards we expect.”Burrows avoided paying the full £21.50 fare for his journey by not buying a ticket at his rural home station and then using his Oyster card when he arrived at London Cannon Street station.Paying just £7.20 instead, Southeastern trains calculated that Burrows’ bill amounted to £43,000 over five years before a Revenue Protection Officer stopped him at the station last November.Burrows settled out of court to avoid prosecution. Show Comments ▼center_img whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.com whatsapp Share Tags: NULLlast_img