Details of the death of David Seaton, the founder of Rowanmoor Pensions, were revealed in an inquest yesterday.
Seaton's body was found on a beach in Kilkhampton, Bude, North Cornwall after he disappeared in September 2009. On Monday, a verdict of suicide was passed by deputy assistant coroner for Cornwall Barrie Van Den Berg. The inquest heard the 57-year-old had jumped from a cliff whilst he was under investigation for fraud against a single client, who lost £1.1m after being told their investment would be worth just under £2m. The investigation began in June 2009 when a colleague wrote to Seaton asking to take over the client's fund, only to find all the money had allegedly been removed t...
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