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Former Schroders banker Damian Clarke has been ordered to pay £350,000 to the FCA

A formertrader confined for cabal ambidextrous has been ordered to pay aback about bisected the banknote he fabricated during his nine-year abomination spree.

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Former Schroders banker Damian Clarke acclimated beforehand advice on mergers and acquisitions to accomplish a killing on the banal bazaar –using ancestors members’ names to awning his tracks. 

Yesterday the 41-year-old was ordered to pay £350,000 to the Financial Conduct Authority afterwards Southwark Crown Court absitively he had fabricated £719,658.69 from abomination amid 2003 and 2012.

Clarke, of Lincolnshire, pleaded accusable in June aftermost year to nine counts of cabal ambidextrous on firms including housebuilder Swan Hill Group and accouterments and heating close BSS Group. 

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He was confined for two years. He has three months to pay up or he could be confined for addition three years.

FCA administration administrator Mark Steward said Clarke ‘has absent his liberty, his alimentation and his acceptability and charge now pay a abundant confiscation order’.

 

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