One named in banned financial adviser arrest

Gary Hexley was arrested on suspicion of conspiracy to deceive his clients, Westmidlands police have confirmed. He and another individual, who was also arrested last week, have been held and interviewed by officers from the FSA, according to the Birmingham Mail. Hexley's collapsed firm Sutton Coldfield-based firm Greenfield International left 237 creditors out of pocket to the tune of more than £2m, the paper reports. The crash of the property development business left creditors, including many elderly West Midland investors, with total debts of £2,077,426.05. The 49-year-old fi...