Russian 'spy' stripped of CFP credentials

Laura Miller
clock

A US certified financial planner (CFP) has been stripped of the designation because she was found to be acting as a Russian spy.

The US Certified Financial Planner Board of Standards (CFPBS) says it took away Cynthia Murphy's right to use the CFP designation in August after she was deported to Moscow on the charges. Murphy - real name Lydia Guryev - was investigated for spying by the CFPBS, which alleged in a complaint she had pleaded guilty to a count of conspiracy and misrepresented herself as a US citizen. She and nine other spies were arrested in June following a seven-year investigation by the FBI. According to reports, the organisation says it considered its allegations to be substantiated after Murphy...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PA360: Advisers urged to harness TikTok as attention spans decline

PA360: Advisers urged to harness TikTok as attention spans decline

'I can see attention spans massively decreasing in the next few years’

Sahar Nazir
clock 26 April 2024 • 1 min read
PA360: Firms must ditch shortcuts to 'organically build team culture'

PA360: Firms must ditch shortcuts to 'organically build team culture'

Firms urged to ‘take time and understand what matters to advisers’

Sahar Nazir
clock 26 April 2024 • 2 min read
Feel Good Friday: Belmayne donates hi-vis vests to primary school

Feel Good Friday: Belmayne donates hi-vis vests to primary school

To help improve the safety of Bradway Primary School’s youngest pupils

Professional Adviser
clock 26 April 2024 • 1 min read