Ex-SJP partner handed 13-year directorship ban

A director of a mortgage brokerage has been disqualified from acting as a company director for 13 years for misleading investors, the regulator and HMRC.

Peter Thomas Carron, a former SJP partner, received the ban from the High Court following an investigation by the Insolvency Service. It found he misled investors by claiming the money invested in his brokerage Primose Associates and one of his technology firms, Comment Technologies, would be subject to little or no risk. Carron had personally guaranteed their returns despite knowing their money was being paid into two insolvent companies which he failed to disclose to them. The director doctored financial returns which he submitted to the Financial Conduct Authority to show the co...