Andrew Crawford Norman Fleming has been sent to jail for 12 months for providing false and misleading information to Jersey’s Financial Services
Fleming was sentenced at Jersey’s Royal Court today in what is being described as a landmark case.
He provided the Jersey Financial Services Commission (JFSC) with false and misleading information in an attempt to acquire a regulated trust company business.
Fleming continually lied to the JFSC throughout the process, including providing false information that he had been declared bankrupt in the UK in 2010. He was discharged as a bankrupt in July 2011.
He pleaded guilty at a hearing on 29th April 2015.
Today’s sentencing is the first successful prosecution of its kind by the financial authority, in what they and the police hope will send a strong message that the island will not tolerate criminals seeking to take control of regulated businesses.
- This is the first case of its kind in Jersey and the custodial sentence sends a strong message that the Island will not tolerate criminals seeking to take control of regulated businesses here.
– BARRY FAUDEMER, DIRECTOR OF ENFORCEMENT
- The Joint Financial Crime Unit are committed to maintaining and developing the good reputation of Jersey’s Finance industry. This investigation highlights the beneficial partnership approach with the JFSC in preventing criminals gaining a foot hold within the Jersey Finance industry.
– – DETECTIVE SERGEANT ANDREW SMITH OF THE JOINT FINANCIAL CRIMES UNIT
Last updated Fri 19 Jun 2015
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