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Financial adviser who stole 10m jailed for 12 years

The financial adviser who stole 10m from Halifax over four years to finance his gambling habit has been jailed for 12 years at Swansea crown court.

Graham Price left three empty boxes in a safe with a signed IOU saying borrowed 7m from the Halifax. Price held stakes in 11 horses and also used the money to buy advice from racing tipsters.

84 investors who lost money to Price are now planning to mount a legal challenge to the Halifax which froze their accounts.

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