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Adviser is jailed for 1.8m theft

A senior financial adviser with a leading East Anglia firm has been jailed for six years for stealing 1.8m from clients over a 12-year period.

David Hart, 39, who had worked for Heath & Co and then Lucas
Fettes & Partners of Norwich, admitted theft at Norwich Crown
Court.

The court heard that Hart lived in a luxurious house and owned Aston
Martins, BMWs and Range Rovers.

The court was told that investigators recovered only 300,000 of
the 1.8m stolen but that the sale of Hart’s assets should cover
the losses to clients.

Jailing Hart, Judge Peter Jacobs said: “You systematically defrauded
clients. Your actions were callous, cruel and insensitive. The fraud
was perpetrated over 12 years but intensified in the late 1990s and
early 2000s.

“Some of the victims were relying on that money to fund their
retirement.”

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