John Burrows was a Blackrock fund manager until he dodged £43k of train fares back in April. He then paid off the amount he owed to the train company and hoped that his name wouldn’t come out in public. That went tits up when the police and national news found out in August.He’s now been banned by the FCA from any regulated financial activities under the FCA’s “fit and proper” persons test.
From a statement the FCA said;
The Financial Conduct Authority (FCA) has banned Jonathan Paul Burrows from performing any function in relation to any regulated activities for not being fit and proper.
Burrows admitted to the FCA that he had evaded his train fare on a number of occasions and had done so in the knowledge that he had been breaking the law. The FCA does not consider that this is fit and proper behaviour for an approved person.
