FCA bans £43,000 fare dodger from working in financial services

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

“2011 and Beyond” - What you are seeing, and why - Jan 16, 2011 (Kryon channelled by Lee Carroll) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

"The Great Escape" - Mar 11, 2017 (Kryon Channelling by Lee Carroll)

“… The Fall of Many - Seen It Yet?

You are going to see more and more personal secrets being revealed about persons in high places of popularity or government. It will seem like an epidemic of non-integrity! But what is happening is exactly what we have been teaching. The new energy has light that will expose the darkness of things that are not commensurate with integrity. They have always been there, and they were kept from being seen by many who keep secrets in the dark. Seen the change yet?

In order to get to a more stable future, you will have to go through gyrations of dark and light. What this means is that the dark is going to be revealed and push back at you. It will eventually lose. We told you this. That's what you're here for is to help those around you who don't see an escape from the past. They didn't get their nuclear war, but everything else is going into the dumper anyway. … “

Monday, December 15, 2014

FCA bans £43,000 fare dodger from working in financial services

Financial Conduct Authority says conduct of former Blackrock MD Jonathan Paul Burrows fell short of the standards expected in the City

The Guardian, Jennifer Rankin, Monday 15 December 2014

Jonathan Paul Burrows has been barred by the Financial Conduct Authority
from taking any job in the regulated financial services industry. Photograph: Jamie
Wiseman / Daily Mail/Solo Syndication

A former City executive has been banned for life from any senior role in the financial services industry, after being exposed as one of the UK’s biggest train fare dodgers.

Jonathan Paul Burrows, a former managing director at Blackrock Asset Management, has been barred by the Financial Conduct Authority from taking any responsible role in the financial services industry.

Announcing the ban, the FCA’s director of enforcement and financial crime, Tracey McDermott, said: “Burrows held a senior position within the financial services industry. His conduct fell short of the standards we expect. Approved persons must act with honesty and integrity at all times and, where they do not, we will take action.”

His dishonest behaviour came to the attention of the City watchdog after it came to light that he had saved himself almost £43,000 over several years by exploiting a loophole at the ticket barriers.

The East Sussex commuter boarded the London-bound train at Stonegate, a rural station with no ticket barriers. When he arrived at Cannon Street station in London, he tapped in using an Oyster card, paying a £7.20 fare, rather than the £21.50 cost of his journey.

Burrows avoided prosecution after making an out-of-court-settlement with Southeastern railways, but had to resign from his high-flying job at Blackrock after a public outcry.

He told the FCA he knew he was breaking the law and had not disclosed his behaviour to his employer. The FCA said they had taken these facts into account when deciding what action to take.

Today’s ruling ends Burrows’s lucrative City career. At Blackrock he had reportedly earned £1m a year. He will never again be allowed into a position of authority, although, in theory, he could take junior back-office jobs.

In a statement after the FCA ruling, Burrows said: “I have always recognised that what I did was foolish. I have apologised to all concerned and reiterate that apology publicly today.”

“While I respect the FCA’s decision today, I also regret it, coming as it did after a 20-year career in the City that was without blemish. I recognise that the FCA has on its plate more profound wrongdoing than mine in the financial services sector, and I am sorry that my case has taken up its time at this critical juncture for the future of the City and its reputation.”

Last year the FCA banned 43 people from working in senior financial services jobs for failing the “fit and proper” test, but few attracted as much attention as Burrows. The fund manager initially managed to keep his identity secret through an out-of-court settlement that roused the anger of unions. At the time, Manuel Cortes, the leader of the TSSA transport union, said the anonymous agreement showed there was one law for the rich and one for the poor. Burrows’s identity was first revealed by the Daily Mail, who contrasted his “two huge, mortgage-free mansions in the East Sussex countryside” with the £4,500 cost of the season ticket.

The majority of people subject to an FCA ban have committed offences at work and Burrows is only the second person to be banned by for wrongdoing unrelated to his job. His case follows senior money-market manager Anthony Verrier, who earlier this year accepted an FCA ban , after being censured by a high court judge for dishonesty.

Many commuters voiced anger that Burrows avoided prosecution, but others expressed a sneaking admiration that he managed to get away with it for so long.

The £43,000 that Burrows repaid to Southeastern trains was calculated on the basis of single fares. This meant the settlement cost him £20,000 more than if he had bought season tickets.

Related Article:

Millionaire City executive who dodged £43,000 in train fares unmasked

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Monday, December 15, 2014

FCA bans £43,000 fare dodger from working in financial services

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