Ipswich IFA admits defrauding clients of £300,000

Luke Durrant, 31, faced Norwich Magistrates Court on two charges of fraud, according to Eastern Daily Press. The charges related to a two-year period  from 2016 to 2018 while Durrant was employed as an adviser with Sophex, who trade as Lifetime Financial Solutions. Durrant, who worked at the firm's Suffolk office, pleaded guilty to both charges and will be sentenced at a later date. Sophex director Alex Couling told Eastern Daily Press he was pleased to put the ordeal behind him. He said: "We are a small family business that my dad literally set up from our spare room and built ...