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Adviser found guilty of murdering client and £343K fraud

A financial adviser has been found guilty of murdering a client after he discovered a £343,000 fraud. 

At a hearing at Croydon Court, David Jeffs was found guilty on both counts of murder and fraud by abuse of position.

The court found that Jeffs killed his client Robert Troyan after he uncovered the fraud, the proceeds of which Jeffs used to fund his own lifestyle. Troyan was found dead on 8 March.

The FCA register shows Jeffs worked at HFM Columbus from 2009 to April this year after having previously worked for Carleton Independent Consultants for three years.

The case has been adjourned ahead of sentencing. 

A statement from HFM columbus says: “Without doubt this whole situation has been extremely distressing for all concerned most especially for Roberto Troyans family and on behalf of all of us at HFM Columbus we would like to express our heart felt condolences and sympathy.”

“We do not condone fraud in any shape or form and were shocked when Mr Jeffs was charged with the offence.  Since then we have given every assistance to the police, kept the FCA fully informed, and naturally paid very careful attention to the fraud aspects of the trial.   We also promptly commissioned a professional third party review of our internal controls which concluded that those controls were both reasonable and appropriate.”

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Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. Nope!!……….. can’t blame the regulator for this one!

  2. Well that’s one way of avoiding a complaint!

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