A financial adviser who was jailed for three years after stealing £157,000 ($190,874, €178,836) from clients has been disqualified from acting as a director of any Guernsey company for 12 years. Adrian Galliers was a director and shareholder of Guernsey Financial Consultants Limited, an insurance intermediary licensed under the island’s Insurance Managers and Insurance Intermediaries […]
Read MoreFinancial Adviser has been charged £290,344 and banned
An approved Financial Adviser has been charged £290,344 and banned from giving financial advice after recommending a number of complex and high risk products to clients who were on low incomes and with no evident investment experience. In some cases it was found that the financial adviser had invested in unregulated products without the client’s […]
Read MoreFinancial advisor banned over £30m Balkan property ‘loss’
A financial advisor from Jersey behind investment schemes which cost investors €38m (£30m) has been banned from senior finance jobs in the UK. Craig Cameron, 46, of St Brelade, was also fined £350,000 by the UK Financial Conduct Authority (FCA). In 2005, he persuaded 880 people to invest in property in Bulgaria, Croatia and Montenegro. […]
Read More