FCA Begins Criminal Proceedings Against Ex-Redcentric Employees

The U.K.’s Financial Conduct Authority has begun criminal proceedings against three former employees of Redcentric Plc, according to a statement.

• Proceedings are against Fraser Fisher, former chief executive; Timothy Coleman, former chief financial officer; and Estelle Croft, a former finance director
  • Fisher, Coleman and Croft have each been charged with two counts of making a false or misleading statement, and Coleman has further been charged with four counts of false accounting, one count of making a false or misleading statement to an auditor, and one count of fraud by false representation
  • Croft has also been charged with seven counts of ...