A former managing director of Jersey-based financial advisory firm Lumiere Wealth has been sentenced to seven years in prison, charged with selling fraudulent investments. Christopher Byrne was convicted of fraudulent offences in September this year after his trial lasting four weeks concluded in the Royal Court. Bryne's clients lost almost £3m when the investment scam eventually collapsed. According to the Jersey Evening Post, Byrne's initial defence was that he "did not know the fund ...
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