Financial advisers jailed for £20m pension fraud

Mark Kelly and Rikki Nicholls convinced pension holders to transfer their savings

Hope William-Smith
clock • 1 min read
Financial advisers jailed for £20m pension fraud

Two former financial advisers who persuaded savers to transfer their pension funds into accounts which were then poured into unsuitable offshore investments have been sentenced to six years imprisonment.

Mark Kelly of Wilmslow, Cheshire and Rikki Nicholls of Limehurst Newtown, Worcestershire were sentenced at Southwark Crown Court on Friday (15 July) for conspiracy to defraud and money laundering. ...

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