Adviser jailed after blowing conned millions on 'playboy lifestyle'

£4.5m on gambling and escorts

Hannah Godfrey
clock • 1 min read

A financial adviser has been jailed for eight years after blowing some £4.5m of fraudulent money on Russian prostitutes, expensive hotels and gambling.

According to the Daily Mail, Merseyside-based Neil Bartlett conned £4.5m from lifelong friends and family while claiming to be investing their pensions and life savings. The fraud was said to have started in 2013 and continued for five years, ensnaring 24 victims. Bartlett set up fake bank accounts and forged investment statements to clients into thinking their cash was growing. One woman lost her retirement fund of more than £600,000, the court was told, while a commercial heating firm was scammed out of nearly £1.5m.   With the money, Bartlett jetted off to New York and the Maldi...

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 Your profession

Women's Wealth Alliance launches careers guide to attract more women to personal finance profession

Women's Wealth Alliance launches careers guide to attract more women to personal finance profession

Aimed at women at different stages of life and careers

Professional Adviser
clock 16 July 2026 • 3 min read
Women in Financial Advice Awards 2026: Shortlists revealed!

Women in Financial Advice Awards 2026: Shortlists revealed!

All the winners will be announced at a celebratory gala dinner on 4 November

Professional Adviser
clock 15 July 2026 • 10 min read
The human question: How PE-backed firms can retain their talent

The human question: How PE-backed firms can retain their talent

'In a people business, cultural integration is key to preserving client trust, adviser continuity and value'

Andrew Houghton
clock 15 July 2026 • 4 min read