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

The five-minute complaint and the five-day investigation

The five-minute complaint and the five-day investigation

GSI Group CEO on complaints, AI and the latest set of FOS reforms

Mark Buck
clock 12 August 2026 • 5 min read
Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin
clock 12 August 2026 • 4 min read
New Talent Alliance launches financial advice careers guide

New Talent Alliance launches financial advice careers guide

Designed to attract new entrants into the profession

Sophia Panayi
clock 11 August 2026 • 2 min read