Former Thinc Group IFA charged with fraud and theft

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David Wood, an independent investment adviser formerly employed by IFAs Courts and Thinc Group, has been charged with several counts of fraud, theft and forgery over an 11-year period.

The offences relate to investments Wood made on behalf of clients. Wood, of South Glamorgan, ceased to be authorised by the FSA in April 2010. He was arrested a month later and has now been formally charged with fraud, theft and forgery offences against clients occurring between 1999 and 2010. It is alleged the offences were committed while Wood was employed by Courts Independent Financial Management LLP; Thinc Group Network; Binary Independent Financial Advisors Limited; and Binary Financial Services Limited. The police wish to hear from any individuals not yet contacted by them w...

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