Sacked adviser stole grandmother's £150k savings

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A former financial adviser has been jailed for conning a grandmother out of £150,000 after he was dismissed from his role as a senior financial adviser.

Ryan Burnside, of West Lothian, was sentenced to two years and four months at Stirling Sheriff Court for committing a "gross breach of trust". In November 2008, he was dismissed from his post as a senior financial adviser at Albannach, now known as Towergate Financial Services. However, he continued to tell client Margaret Gallivan that he was still authorised by the FSA and proceeded to use her £150,000 retirement pot to fund his gambling addiction, the BBC reports. Burnside, 35, told Gallivan he was investing her life savings overseas and lied about having large plots of land and...

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