Adviser sentenced after £35k theft from elderly clients

clock

A financial adviser has been handed a two year suspended jail sentence after admitting he stole £35,000 from an elderly couple.

The Hull Mail reports Glen Manson, 50, conned his clients, the Andersons, out of the money by promising them a return of 6%. However, he pocketed the cash himself. The couple had been his clients for 16 years, Hull Crown Court heard, while he worked for Bridlington firm Lloyd Dowson. He told the elderly couple, who were 86 and 92, both died within months of the theft, the report added. Manson had pleaded guilty to one count of theft at a previous court hearing. He was handed a two year suspended sentence and ordered to carry out 250 hours community service. He will also be elect...

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

Professional Adviser TV: Creative ways to tackle the advice gap

Professional Adviser TV: Creative ways to tackle the advice gap

With Octopus Money CEO Ruth Handcock and financial adviser Kristian Manton

Professional Adviser
clock 25 April 2025 • 1 min read
Economic secretary confirms wholesale ISA review as experts demand sweeping reform

Economic secretary confirms wholesale ISA review as experts demand sweeping reform

LISA reform front and centre

Beth Brearley
clock 24 April 2025 • 2 min read
 MorganAsh introduces customer support tracking to vulnerability platform

MorganAsh introduces customer support tracking to vulnerability platform

Recording suggested next steps

Jaskeet Briah
clock 24 April 2025 • 2 min read