Ex-Lumiere financial adviser jailed for seven years

clock
Ex-Lumiere financial adviser jailed for seven years

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 ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login

Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.