FCA bans debt management couple for misappropriating client money

Reason:
Abuse
Content of Penalty:

The Financial Conduct Authority (FCA) has today banned Adrian and Christine Whitehurst, former directors of debt management firm First Step Finance Limited (now dissolved), for dishonestly misappropriating client money. Over 4000 customers lost a total in excess of £6m as a result of their actions.

 

Date: 24/10/2017
Link: https://www.fca.org.uk/news/press-releases/fca-bans-debt-management-couple-misappropriating-client-money

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