A financial adviser who stole £35,000 from an elderly couple is facing jail after pleading guilty to theft, the Hull Daily Mail reports.
Glen Manson, an adviser at Bridlington-based firm Lloyd Dowson Ltd, told John Anderson, 86, and his wife to invest the money in a company, promising a return of 6 per cent.
Manson confessed to taking the cash following an investigation by Lloyd Dowson and subsequently paid the money back. Despite this, he was this week sentenced to two years in prison and must also carry out 250 hours of unpaid community service.
Sentencing at Hull Crown Court, recorder Mark McKone said: “This was a disgraceful offence.
“Mr Anderson was a long-standing customer who regarded you as a friend. Can you imagine the distress and feeling of betrayal the he felt before he died?
“You have no previous convictions, you have been a hardworking man, you got good A-levels, you served in the RAF, you have worked all your life and you have provided for your family.
“People cannot buy their way out of prison but it is a fact you have not gained from this crime.
“I accept you were going through a period of extreme financial instability following the breakdown of your marriage and I accept your circumstances must have been extreme for you to do such a bad thing.”