Financial regulator secures confiscation order against convicted CFO

News Financial services English Sanctions & Fines

Date: 3rd Nov, 2023 Source: Financial Conduct Authority Country: United Kingdom Original Source

Brief

On 2 November 2023, Southwark Crown Court imposed a Confiscation Order of £355,369 against Timothy Coleman, former Chief Financial Officer of Redcentric Plc, following his convictions in February 2022 for false accounting and making misleading statements to the market. Mr Coleman is currently serving a 5 and a half year prison sentence for these offences.

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Financial Conduct Authority

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Financial regulator secures confiscation order against convicted CFO

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Financial regulator secures confiscation order against convicted CFO

Brief

Financial Conduct Authority

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