The UK Monetary Conduct Authority (FCA) at present issued a last discover relating to Mark Anthony Jensen.
The Authority made an order, pursuant to part 56 of the Act, prohibiting Mr Jensen from performing any operate in relation to any regulated exercise carried on by any authorised particular person, exempt particular person or exempt skilled agency.
Between 28 February 2009 and 23 July 2019, Mr Jensen engaged in prison exercise, partly, while an authorized particular person and performing the position of a monetary advisor.
On 18 March 2021, at South and West Devon Magistrates Courtroom, Mr Jensen pleaded responsible to seven counts of fraud by false illustration, opposite to sections 1 and a pair of of the Fraud Act 2006.
On 25 March 2021, he was sentenced to a complete time period of 5 years and 4 months’ imprisonment, having obtained credit score for an early responsible plea that lowered his sentence by a 3rd.
The FCA defined that Mr Jensen will not be a match and correct particular person to carry out any capabilities in relation to any regulated exercise carried on by any authorised particular person, exempt particular person or exempt skilled agency. His conduct and convictions display a transparent and severe lack of honesty and integrity such that he’s not match and correct to carry out regulated actions.
In reaching this determination, the Authority has had regard to all related circumstances, together with the relevance and materiality of the offences, and the severity of the chance posed by Mr Jensen to shoppers and to confidence within the UK monetary system.