A former mortgage broker has been ordered to stand trial over allegations of conducting regulated business when unauthorised and assisting fraud by false representation.
Michael Joseph James Lewis has been committed for trial at Maidstone Crown Court over 13 counts of conducting regulated business while unauthorised and three counts of assisting
fraud, brought against him by the Financial Conduct Authority.
Lewis was originally arrested on 24 October 2012 in a joint operation between the FSA and Kent Police.
He was charged on 7 February and on 29 April was committed to trial at the Crown Court.
Lewis was prohibited by the FSA from acting as an authorised person on 9 August 2011.
London and Country head of communications David Hollingworth says: “This individual was not authorised which shows that even outside of the regulated environment there is
still the potential for fraud, which is much harder to address.”