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Halifax adviser jailed for 10m theft

A 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”. He held stakes in 11 racehorses and bought advice from tipsters. Eighty-four investors who lost money are planning a legal challenge to Halifax, which froze their accounts.

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