FCA bans and fines former Burlington director for dishonest involvement in the sale o

The FCA has fined Craig Cameron £350,000 and banned him from any involvement in FCA authorised firms. Cameron was a director of London-based financial advisory firm Burlington Associates Limited (Burlington) between May 2003 and January 2009. In early 2005, Cameron helped to set up three high risk UCIS investing in new property developments in Croatia, Bulgaria and Montenegro. During 2005 the UCIS were promoted to thousands of retail investors, without adequate checks being made to ensure the investors were eligible for these promotions. Over 800 consumers invested around £30 million in the three UCIS, which subsequently failed.



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FCA bans and fines former Burlington director for dishonest involvement in the sale o