CEO banned for false and misleading statements made in attempt to buy bank and football club

Synthèse Lynx

The Financial Conduct Authority fined Paul Taylor, previously CEO at Blue Horizon Asset Management, £489,000 and barred him from financial services, while former managing director Esmeralda Toni received a £121,200 fine and a ban for serious misconduct. Taylor supplied misleading statements and falsified information in attempts to acquire a bank and a football club; during the bank bid, Toni knowingly helped him mislead the bank and falsify documents asserting his ownership of a bond portfolio valued at about €200 million.