Disgraced mortgage director handed 13-year ban

Peter Thomas Carron 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 companies to be in good f...