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How Gold Diggers finds the horror in petty high school betrayal
In the Vox Book Club’s May pick, sin is petty and low-stakes. That’s what makes the book work.
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Sanjena Sathian’s
Gold Diggers, the Vox Book Club pick for May, is about a lot of things: being Indian American, alchemy, ambition, heists. But it is also, on a deep level, a novel about sin. Sin is the hinge on which the story’s plot turns. It is the thing that closes the door on our protagonists’ innocently cruel adolescence and brings him into numbing, corrupted adulthood.
She was already convicted and disqualified in 2009
The Financial Conduct Authority (FCA) has banned Shruti Patel from performing any function in relation to any regulated activity.
The watchdog said she used to work as an adviser under six different names – including Cindy Brad, Swati Patel, Swatiben Patel, Churuti Patel, and Churuti Brad – despite never being an authorised professional.
Under the name Shruti Patel, she was an appointed representative at a regulated mortgage advice firm between May and August 2009; and under the name Cindy Brad she worked as an appointed representative of an authorised IFA business between August 2017 and February 2018.
Previous disqualification
As a result, the authority deemed that Patel was “not a fit and proper person”.
The offences were committed over a period of around 15 months between 19 December 2004 and 11 April 2006.
During that period, Patel ran a business in Leicester called Mortgage Deals for You and obtained loans and mortgages fraudulently by using the names and data of two of her customers.
The total amount she stole from various banks and other institutions was £169,000.
The FCA also detailed that under the name of Cindy Brad, she was an appointed representative of an authorised independent financial advisor, from 22 August 2017 to 24 February 2018.
During the sentencing, Judge Hammond said Patel’s offence constituted “a serious breach of trust… it was a systematic fraud, carefully worked out by a professional over a period of time.”
Broker banned for unauthorised work and theft
By Joanne Atkin 9
th December 2020 4:59 pm
A mortgage broker has been banned from performing any regulated activity following working as an unauthorised adviser after serving a prison sentence for theft.
Shruti Patel was convicted in September 2009 at Leicester Crown Court. She was charged with three counts of theft, three counts of obtaining a money transfer by deception and one count of obtaining services by deception.
She obtained loans and mortgages fraudulently by using the names and data of two of her customers. The total amount she stole from various banks and other institutions was £169,000.