Banned IFA found guilty of forging documents

Fined and banned by FSA in 2012

Tom Ellis
clock • 1 min read

A banned IFA, who advised on unregulated collective investment schemes (UCIS), has been found guilty of forging documents at Derby Crown Court.

Martin Rigney, 68, was found to have forged signatures himself and to have photocopied clients' genuine signatures after a "long and complex investigation" by the police, according to the Derbyshire Times. The Sheffield man was found guilty of 16 counts of forgery on 20 July following a ten week trial at Derby Crown Court. He was remanded into custody and will be sentenced later this year on 1 September. Leader of the investigation, detective constable Julie Weeldon, said: "His clients trusted him and he abused that trust. It has had a devastating impact on their lives, emotionally as...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Data-driven or anecdotal? Examining FCA Consumer Duty board reports

Data-driven or anecdotal? Examining FCA Consumer Duty board reports

'Data is not a by-product of systems; it is a core governance asset'

Chris Davies
clock 27 March 2026 • 6 min read
FCA 'consistently behind the curve' on British Steel – Complaints Commissioner

FCA 'consistently behind the curve' on British Steel – Complaints Commissioner

Regulator hits back at Complaints Commissioner’s final report

Jenna Brown
clock 26 March 2026 • 3 min read
Advisers warned against 'cost-saving' exercises as FCA proposes ditching annual suitability requirement

Advisers warned against 'cost-saving' exercises as FCA proposes ditching annual suitability requirement

Changes offer an opportunity for more ‘meaningful’ advice

Sophia Panayi
clock 26 March 2026 • 4 min read