Jersey fraudster set to repay £740,000 to elderly victims

Pedro Gonçalves
clock • 1 min read

Disgraced Richard Arthur, the former managing director of Jersey-based accountancy firm BDO, could be ordered to pay its victims £740,000, after defrauding elderly Islanders out of millions of pounds to pay for lavish holidays, a London flat and a Formula One car.  Arthur was jailed in July 2018 for seven years after being found guilty of committing ten counts of fraud between 2002 and 2009. This week appeared before the Superior Number of the Royal Court for a confiscation hearing, the Jersey Evening Post reports. Crown Advocate David Hopwood is seeking a confiscation order of £740,0...

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?