The Financial Conduct Authority has banned Howard Roland Duckett from working in financial services after finding that he lacked honesty and integrity.
Duckett was a senior manager at Beauforce Corporation Limited, a debt management firm.
The High Court disqualified him from acting as a company director for 10 years after finding that he had failed to maintain adequate records while serving as a director of an unrelated company.
The court also found that Duckett repeatedly lied and sought to rely on fabricated evidence to distance himself from the company and deny that he was a director. This included falsely claiming that a fictitious individual was responsible for running the business.
Duckett subsequently failed to tell the FCA about his disqualification.
Therese Chambers, joint executive director of enforcement and market oversight at the FCA, said: “Mr Ducket constructed an elaborate fiction in his attempt to avoid disqualification and did not disclose his disqualification to the FCA.
“He deserves to be banned from the industry.”
In November 2025, the FCA restricted Beauforce Corporation Limited from carrying out regulated activities, preventing it from providing regulated debt advice or debt management services to consumers.
The regulator also ordered Beauforce to stop accepting money from consumers and return any funds held in its bank accounts.
