Adviser who lived rent free in client's house jailed

Christopher Peacher, who until last June ran former Financial Ltd appointed representative Sovereign Financial Services (East Anglia), admitted defrauding stroke victim Fred Turner out of £11,800 and was sentenced to 27 months at Norwich Crown Court, reported the Eastern Daily Press. Peacher had gained the trust of Turner after he contacted Sovereign in 2011 for advice about how to invest an inheritance. It was decided that the adviser would purchase a buy to let property to fund the round-the-clock care Turner, 71, required. But after telling Turner the property's first tenant was de...