JC Flowers Ex-U.K. Chief Executive Avoids Police Probe Over FSA Fraud Fine - Bloomber

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHktXEaA-dJCLZmvJVy5TgSXMwl-wamp;url=http://news.sky.com/home/business/article/16160266img src=//nt2.ggpht.com/news/tbn/cl1sAhr7u1G_dM/0.jpg alt= border=1 width=80 height=48 /br /font size=-2Sky News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGiF-CsidkAbNdTWRrGvxCyeSFkRQamp;url=http://www.bloomberg.com/news/2012-01-31/jc-flowers-ex-u-k-chief-executive-avoids-police-probe-over-fsa-fraud-fine.htmlbJC Flowers Ex-U.K. Chief Executive Avoids Police Probe Over FSA bFraud/b Fine/b/abr /font size=-1bfont color=#6f6f6fBloomberg/font/b/fontbr /font size=-1Sinha committed the bfraud/b because of his deteriorating finances, the FSA said. Between May and July 2008, Sinha borrowed around 9 million euros ($11.9 million) to invest in companies in which JC Flowers funds had invested./fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFT3DrS-3L7y6pCtYDaldAF3_CaOAamp;url=http://www.lse.co.uk/FinanceNews.asp?ArticleCode%3Dpjbndrth2m45qcb%26Ar ticleHeadline%3DUPDATE_3UK_slaps_record_fine_on_ex JC_Flowers_boss_for_fraudUK slaps record fine on ex-JC Flowers boss for bfraud/b/afont size=-1 color=#6f6f6fnobrLondon South East/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHktXEaA-dJCLZmvJVy5TgSXMwl-wamp;url=http://news.sky.com/home/business/article/16160266Biz Bulletin: FSA Issues Record bFraud/b Fine/afont size=-1 color=#6f6f6fnobrSky News/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEi2Bm9tThbxaI853H4Oq PEpXiCRAamp;url=http://blogs.wsj.com/dealjournalindia/2012/01/31/fsa-bans-fines-former-u-k-j-c-flowers-ceo-for-fraud/FSA Bans, Fines Former UKJC Flowers CEO for bFraud/b/afont size=-1 color=#6f6f6fnobrWall Street Journal (blog)/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHhy9tIwWCu75DWq8Z5cy fYsV8pmwamp;url=http://www.ft.com/cms/s/0/72de17fa-4c31-11e1-bd09-00144feabdc0.htmlnobrFinancial Times/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d72MZI6_u0MuJ5MhQNrW HZxTq7WBMnobrball 69 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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