Ex-adviser jailed for embezzling £1m of client pension cash

Darren Say launched the Noisnep - ‘pension' spelt backwards - self-invested personal pension (SIPP) in 2010 and promised potential clients significant returns. The scheme was set up separately from advisory firm Wealth Connection, of which he was chief executive. Funds would be used to develop a luxury holiday resort in the Bahamas, which would, upon completion, be worth more than £100m, he told them, by loaning money to investors. This money was invested in a property company of which he was also the director. Say's LinkedIn profile claims the SIPP's investment strategy is "revolu...