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

Non-financial misconduct: Rising expectations and rising exposure

Non-financial misconduct: Rising expectations and rising exposure

'Managers need to know what to look for and what to do in the moment, including when to escalate'

Sarah Jackman
clock 27 May 2026 • 5 min read
FCA must still fix investing culture, says LSE CEO

FCA must still fix investing culture, says LSE CEO

‘We’ve protected people from the downside but we haven’t exposed the upside’

Sophia Panayi
clock 20 May 2026 • 1 min read
FCA increases support for solo-regulated firms

FCA increases support for solo-regulated firms

Scale-up Unit now available to solo-regulated businesses

Jenna Brown
clock 20 May 2026 • 1 min read