Banned IFA found guilty of forging documents

Fined and banned by FSA in 2012

Tom Ellis
clock • 1 min read

A banned IFA, who advised on unregulated collective investment schemes (UCIS), has been found guilty of forging documents at Derby Crown Court.

Martin Rigney, 68, was found to have forged signatures himself and to have photocopied clients' genuine signatures after a "long and complex investigation" by the police, according to the Derbyshire Times. The Sheffield man was found guilty of 16 counts of forgery on 20 July following a ten week trial at Derby Crown Court. He was remanded into custody and will be sentenced later this year on 1 September. Leader of the investigation, detective constable Julie Weeldon, said: "His clients trusted him and he abused that trust. It has had a devastating impact on their lives, emotionally as...

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 Regulation

Dennis Hall's open letter to the FCA: Time to retire RU64

Dennis Hall's open letter to the FCA: Time to retire RU64

'The rule is particularly misaligned with client expectations'

Dennis Hall
clock 01 May 2025 • 2 min read
Complaints against financial services firms fall below 1.8 million

Complaints against financial services firms fall below 1.8 million

All major product groups saw fewer complaints

Sahar Nazir
clock 30 April 2025 • 2 min read
FCA backs artificial intelligence with live testing service

FCA backs artificial intelligence with live testing service

Wants AI to keep the UK competitive

clock 29 April 2025 • 2 min read