High-flying financier named as alleged £43,000 fare dodger

High-flying financier named as alleged £43,000 fare dodger

High-flying financier named as alleged £43,000 fare dodger

First published in News
Last updated

A senior finance executive alleged to be the mystery commuter who ran up a £43,000 bill in unpaid rail fares has left his high-flying position with a leading city firm.

Jonathan Burrows has been named in national newspapers as the commuter who avoided paying the full fare on his journey to London from rural Stonegate for five years.

An out-of-court settlement with rail firm Southeastern – including repaying the money - allowed the passenger to keep his identity secret.

It is not known how the city executive got away with the fare dodging scam for so long,

The British Transport Police and the Financial Conduct Authority are both expected to launch investigations into the scam.

The unmasking of Mr Burrows is the second piece of bad news for the 44-year-old financier who lives in a £2.7 million home in the remote East Sussex countryside.

In October last year, the £1.2 million Aspen House near Wadhurst, which Mr Burrows owns but rents out, was gutted in a devastating fire.

A report in The Times yesterday said Mr Burrows had allegedly resigned from world-leading asset management firm BlackRock after initially being suspended.

A BlackRock spokesman told the newspaper: “Jonathan Burrows has left BlackRock.

“What he’s alleged to have done is totally contrary to our values and our principles.”

Asked about the case by the Daily Mail, Mr Burrows said: "Dunno what you’re talking about."

Comments (17)

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4:06pm Sun 3 Aug 14

Youlikemyjugs says...

This man is disgusting and should be imprisoned for many many years - and I should be allowed to live in his house...
This man is disgusting and should be imprisoned for many many years - and I should be allowed to live in his house... Youlikemyjugs
  • Score: -4

4:18pm Sun 3 Aug 14

HJarrs says...

Blackrock are hypocritical. This guy has done is exactly in keeping with their values and principles. Ah! I get it! It was getting caught that was the problem.
Blackrock are hypocritical. This guy has done is exactly in keeping with their values and principles. Ah! I get it! It was getting caught that was the problem. HJarrs
  • Score: 16

4:28pm Sun 3 Aug 14

NickBrt says...

If someone on minimum wage did that the high flying bankers would come down on them like a ton of bricks. I can't stand hypocrites like him. Also I am surprised hjarrs hadn't been critical of him. Perhaps Mr jarrs is a millionaire banker.
If someone on minimum wage did that the high flying bankers would come down on them like a ton of bricks. I can't stand hypocrites like him. Also I am surprised hjarrs hadn't been critical of him. Perhaps Mr jarrs is a millionaire banker. NickBrt
  • Score: 23

4:35pm Sun 3 Aug 14

Quiterie says...

What an idiot. What this article doesn't explain is the lengths he went to in order to avoid paying the full fare - for around 5 years. He avoided ticket inspectors on the train and then used his Oyster card to get through the barriers in London. Incredibally dishonest and premeditated. And he was so well paid he probably wouldn't have even noticed the extra money. What a fool. He's ruined his reputation and ruined his life.
What an idiot. What this article doesn't explain is the lengths he went to in order to avoid paying the full fare - for around 5 years. He avoided ticket inspectors on the train and then used his Oyster card to get through the barriers in London. Incredibally dishonest and premeditated. And he was so well paid he probably wouldn't have even noticed the extra money. What a fool. He's ruined his reputation and ruined his life. Quiterie
  • Score: 40

4:50pm Sun 3 Aug 14

Mart says...

Seems odd to earn £1 million pa in the City ( allegedly) , but then cheat on a £4k pa season ticket
Seems odd to earn £1 million pa in the City ( allegedly) , but then cheat on a £4k pa season ticket Mart
  • Score: 22

6:47pm Sun 3 Aug 14

worthingite says...

A tad late on this story, its was everywhere on Friday.....
A tad late on this story, its was everywhere on Friday..... worthingite
  • Score: 6

6:54pm Sun 3 Aug 14

Phillip Smith says...

what an idiot!
what an idiot! Phillip Smith
  • Score: 4

7:10pm Sun 3 Aug 14

Withdean-er says...

Quiterie wrote:
What an idiot. What this article doesn't explain is the lengths he went to in order to avoid paying the full fare - for around 5 years. He avoided ticket inspectors on the train and then used his Oyster card to get through the barriers in London. Incredibally dishonest and premeditated. And he was so well paid he probably wouldn't have even noticed the extra money. What a fool. He's ruined his reputation and ruined his life.
Being wealthy, didn't inhibit Burrows from being tight-fisted to a criminal extent. The FCA and BlackRock quite rightly showed an interest once it was known to be someone working in a regulated sector. Burrows thought he was clever with his little criminal scam, but is now publically shamed and looking for a new career.
[quote][p][bold]Quiterie[/bold] wrote: What an idiot. What this article doesn't explain is the lengths he went to in order to avoid paying the full fare - for around 5 years. He avoided ticket inspectors on the train and then used his Oyster card to get through the barriers in London. Incredibally dishonest and premeditated. And he was so well paid he probably wouldn't have even noticed the extra money. What a fool. He's ruined his reputation and ruined his life.[/p][/quote]Being wealthy, didn't inhibit Burrows from being tight-fisted to a criminal extent. The FCA and BlackRock quite rightly showed an interest once it was known to be someone working in a regulated sector. Burrows thought he was clever with his little criminal scam, but is now publically shamed and looking for a new career. Withdean-er
  • Score: 4

7:13pm Sun 3 Aug 14

NickBrt says...

New career? He has all the makings for an MP!
New career? He has all the makings for an MP! NickBrt
  • Score: 16

10:01pm Sun 3 Aug 14

brighton bluenose says...

NickBrt wrote:
If someone on minimum wage did that the high flying bankers would come down on them like a ton of bricks. I can't stand hypocrites like him. Also I am surprised hjarrs hadn't been critical of him. Perhaps Mr jarrs is a millionaire banker.
Perhaps you didn't appreciate the subtlety in HJarrs criticsm?!!
[quote][p][bold]NickBrt[/bold] wrote: If someone on minimum wage did that the high flying bankers would come down on them like a ton of bricks. I can't stand hypocrites like him. Also I am surprised hjarrs hadn't been critical of him. Perhaps Mr jarrs is a millionaire banker.[/p][/quote]Perhaps you didn't appreciate the subtlety in HJarrs criticsm?!! brighton bluenose
  • Score: -3

10:36pm Sun 3 Aug 14

JHunty says...

brighton bluenose wrote:
NickBrt wrote:
If someone on minimum wage did that the high flying bankers would come down on them like a ton of bricks. I can't stand hypocrites like him. Also I am surprised hjarrs hadn't been critical of him. Perhaps Mr jarrs is a millionaire banker.
Perhaps you didn't appreciate the subtlety in HJarrs criticsm?!!
Subtlety Brownnose? You mean outright libel. But we are becoming accustomed to you HJARRS and the other green posters resorting to abuse when unable to provide any evidence for what they claim. So come on show us the evidence to back up what would otherwise be a seriously libellous claim. Show us that Blackrock deliberate act in a dishonest manner as HJARRS claims.
[quote][p][bold]brighton bluenose[/bold] wrote: [quote][p][bold]NickBrt[/bold] wrote: If someone on minimum wage did that the high flying bankers would come down on them like a ton of bricks. I can't stand hypocrites like him. Also I am surprised hjarrs hadn't been critical of him. Perhaps Mr jarrs is a millionaire banker.[/p][/quote]Perhaps you didn't appreciate the subtlety in HJarrs criticsm?!![/p][/quote]Subtlety Brownnose? You mean outright libel. But we are becoming accustomed to you HJARRS and the other green posters resorting to abuse when unable to provide any evidence for what they claim. So come on show us the evidence to back up what would otherwise be a seriously libellous claim. Show us that Blackrock deliberate act in a dishonest manner as HJARRS claims. JHunty
  • Score: 2

2:39am Mon 4 Aug 14

whatevernext2013 says...

Mart wrote:
Seems odd to earn £1 million pa in the City ( allegedly) , but then cheat on a £4k pa season ticket
its claimed he cheated far more than 4k
[quote][p][bold]Mart[/bold] wrote: Seems odd to earn £1 million pa in the City ( allegedly) , but then cheat on a £4k pa season ticket[/p][/quote]its claimed he cheated far more than 4k whatevernext2013
  • Score: 0

2:41am Mon 4 Aug 14

whatevernext2013 says...

HJarrs wrote:
Blackrock are hypocritical. This guy has done is exactly in keeping with their values and principles. Ah! I get it! It was getting caught that was the problem.
are you claiming that blackrock are dishonest ?
[quote][p][bold]HJarrs[/bold] wrote: Blackrock are hypocritical. This guy has done is exactly in keeping with their values and principles. Ah! I get it! It was getting caught that was the problem.[/p][/quote]are you claiming that blackrock are dishonest ? whatevernext2013
  • Score: 2

8:56am Mon 4 Aug 14

HJarrs says...

whatevernext2013 wrote:
HJarrs wrote:
Blackrock are hypocritical. This guy has done is exactly in keeping with their values and principles. Ah! I get it! It was getting caught that was the problem.
are you claiming that blackrock are dishonest ?
Me, claim that financial institutions may in some way get up to dodgy dealings and game the system in order for a few senior managers to make wads of money? No way! How dare you! BlackRock and the banks, venture capitalists, wealthy individuals etc are paragons of virtue!

Mr Burrows seems to have been merely using similar tactics to corporations avoiding tax. I would go to prison for what he has done, we will wait and see what punishment is handed down for premeditated fraud for this wealthy individual.
[quote][p][bold]whatevernext2013[/bold] wrote: [quote][p][bold]HJarrs[/bold] wrote: Blackrock are hypocritical. This guy has done is exactly in keeping with their values and principles. Ah! I get it! It was getting caught that was the problem.[/p][/quote]are you claiming that blackrock are dishonest ?[/p][/quote]Me, claim that financial institutions may in some way get up to dodgy dealings and game the system in order for a few senior managers to make wads of money? No way! How dare you! BlackRock and the banks, venture capitalists, wealthy individuals etc are paragons of virtue! Mr Burrows seems to have been merely using similar tactics to corporations avoiding tax. I would go to prison for what he has done, we will wait and see what punishment is handed down for premeditated fraud for this wealthy individual. HJarrs
  • Score: 2

1:35pm Mon 4 Aug 14

whatevernext2013 says...

HJarrs wrote:
whatevernext2013 wrote:
HJarrs wrote:
Blackrock are hypocritical. This guy has done is exactly in keeping with their values and principles. Ah! I get it! It was getting caught that was the problem.
are you claiming that blackrock are dishonest ?
Me, claim that financial institutions may in some way get up to dodgy dealings and game the system in order for a few senior managers to make wads of money? No way! How dare you! BlackRock and the banks, venture capitalists, wealthy individuals etc are paragons of virtue!

Mr Burrows seems to have been merely using similar tactics to corporations avoiding tax. I would go to prison for what he has done, we will wait and see what punishment is handed down for premeditated fraud for this wealthy individual.
so you have no issue with your comments been sent on to blackrock
[quote][p][bold]HJarrs[/bold] wrote: [quote][p][bold]whatevernext2013[/bold] wrote: [quote][p][bold]HJarrs[/bold] wrote: Blackrock are hypocritical. This guy has done is exactly in keeping with their values and principles. Ah! I get it! It was getting caught that was the problem.[/p][/quote]are you claiming that blackrock are dishonest ?[/p][/quote]Me, claim that financial institutions may in some way get up to dodgy dealings and game the system in order for a few senior managers to make wads of money? No way! How dare you! BlackRock and the banks, venture capitalists, wealthy individuals etc are paragons of virtue! Mr Burrows seems to have been merely using similar tactics to corporations avoiding tax. I would go to prison for what he has done, we will wait and see what punishment is handed down for premeditated fraud for this wealthy individual.[/p][/quote]so you have no issue with your comments been sent on to blackrock whatevernext2013
  • Score: 0

5:36pm Mon 4 Aug 14

HJarrs says...

whatevernext2013 wrote:
HJarrs wrote:
whatevernext2013 wrote:
HJarrs wrote:
Blackrock are hypocritical. This guy has done is exactly in keeping with their values and principles. Ah! I get it! It was getting caught that was the problem.
are you claiming that blackrock are dishonest ?
Me, claim that financial institutions may in some way get up to dodgy dealings and game the system in order for a few senior managers to make wads of money? No way! How dare you! BlackRock and the banks, venture capitalists, wealthy individuals etc are paragons of virtue!

Mr Burrows seems to have been merely using similar tactics to corporations avoiding tax. I would go to prison for what he has done, we will wait and see what punishment is handed down for premeditated fraud for this wealthy individual.
so you have no issue with your comments been sent on to blackrock
Not at all and if you google for fraud and BlackRock, nothing will come up. Have a go and try it.
[quote][p][bold]whatevernext2013[/bold] wrote: [quote][p][bold]HJarrs[/bold] wrote: [quote][p][bold]whatevernext2013[/bold] wrote: [quote][p][bold]HJarrs[/bold] wrote: Blackrock are hypocritical. This guy has done is exactly in keeping with their values and principles. Ah! I get it! It was getting caught that was the problem.[/p][/quote]are you claiming that blackrock are dishonest ?[/p][/quote]Me, claim that financial institutions may in some way get up to dodgy dealings and game the system in order for a few senior managers to make wads of money? No way! How dare you! BlackRock and the banks, venture capitalists, wealthy individuals etc are paragons of virtue! Mr Burrows seems to have been merely using similar tactics to corporations avoiding tax. I would go to prison for what he has done, we will wait and see what punishment is handed down for premeditated fraud for this wealthy individual.[/p][/quote]so you have no issue with your comments been sent on to blackrock[/p][/quote]Not at all and if you google for fraud and BlackRock, nothing will come up. Have a go and try it. HJarrs
  • Score: -2

8:26pm Mon 4 Aug 14

JeevesMcMontague says...

Well done sir. Any sane-minded individual would have done the same.
Well done sir. Any sane-minded individual would have done the same. JeevesMcMontague
  • Score: -5

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