15 month suspended sentence for director of debt management firm

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Mr David Hall, the director of Debts Reduced Limited, Linked Finance Limited, and a firm set up in his own name (together referred to below as the firms), was sentenced at Cardiff Crown Court on Friday 8 April 2016.

We have used our regulatory powers to ensure that consumers affected were fully refunded and that the firms did not take on any new business from May 2014.

We provided a witness statement for the prosecution which set out the actions that we took after being made aware of allegations that Mr Hall had acted inappropriately.

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Article posted by fca.org.uk