FCA Bans Execs for Faking Bond Deals | Bermuda News

Two ex-British finance execs from Blue Horizon Asset Management are banned from the industry and slapped with massive fines after faking documents to inflate their bond portfolio for a failed takeover bid — including one for Reading Football Club. CEO Paul Taylor faces a £489,000 fine for fabricating a €200 million portfolio claim, while MD Esmeralda Toni, who knowingly helped cover it up, gets £121,200. The FCA’s crackdown sends a clear message: deception won’t fly in finance — even if it’s for a big deal. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/101db5319db03305