A former financial adviser and his business partner have today been sentenced to a total of two years and nine months for giving unauthorised advice.
Gary Hexley and John Cooper - who have been described as "a pair of crooks" by the FCA's director of enforcement and financial crime - were found guilty on six counts and two counts respectively under the Financial Services and Markets Act last month. Hexley was sentenced to two years at Birmingham Crown Court earlier today while Cooper received nine months. Both were former directors of the West Midlands based financial services firm Weston Financial Services. The pair were held responsible for giving financial advice to elderly investors without holding relevant permissions over a p...
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