FSA bans brokers for lying about criminal conviction
Brothers Faraz Ahmed Siddique and Waqas Ahmed Siddique have been banned
The Financial Services Authority (FSA) has banned two Leytonstone insurance brokers, Faraz Ahmed Siddique and Waqas Ahmed Siddique, for lying to cover up Waqas Siddique’s criminal conviction.
Waqas Siddique was charged with conspiracy to defraud in March 2007. One month later he applied for individual approval to perform controlled functions at Aston Sterling Insurance Services.
On his FSA application, he signed a declaration that he had no previous criminal convictions and was not the subject
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