Tuesday, November 15, 2022
HomeFinancial PlanningMachete-wielding credit score supervisor banned by FCA

Machete-wielding credit score supervisor banned by FCA



The Monetary Conduct Authority has banned Ashkan Zahedian from working in monetary companies following his conviction for severe violent offences which passed off whereas he was an accredited particular person.

Mr Zahedian was sentenced to 3 years’ imprisonment at Lewes Crown Court docket in Could 2020.

He pleaded responsible and was convicted of grievous bodily hurt and possession of an offensive weapon, having attacked a safety guard at a bar with a machete.

In line with a report in native newspaper The Brighton Argus on the time: “Ashkan Zahedian noticed pink when he turned embroiled in a brawl exterior the Mixologist in Hove. The 29-year-old proprietor of the Shandiz Persian restaurant admitted going to his automotive and returning to the scene brandishing a machete.”

Mr Zahedian was the only director of an authorised shopper credit score agency, Huge Automobiles Restricted, and was accredited by the FCA as a senior supervisor. Huge Automobiles was registered as a used automotive dealership in Hove in 2013.

The FCA has determined to take away Mr Zahedian’s approval to carry out the senior administration perform at Huge Automobiles Restricted and impose a prohibition order, stopping him from working in monetary companies sooner or later.

Mark Steward, government director of enforcement and market oversight mentioned: “These authorised to offer monetary companies are required to satisfy and keep excessive requirements of character, health and properness.

“These have been severe, violent prison offences reflecting on Mr Zahedian’s character and justifying the discovering that he’s not an individual to be working in monetary companies. The FCA will proceed to uphold excessive requirements of character and conduct for these working in monetary companies.”




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