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Polly's not one to kick a man when he's down but when it comes to the Financial Services Authority (...
Polly's not one to kick a man when he's down but when it comes to the Financial Services Authority (FSA) all moral compunction flies out the window. Word reached Polly this month of a financial adviser who in July was jailed for defrauding elderly investors of more than £1m. Michael Tomlinson, who ran Acorn Holdings, was convicted of 21 offences of taking money transfers by deception and jailed for over six years. So how did the FSA make sure that Mr Tomlinson would never be able to pull the
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