FCA bans jailed adviser after fraud conviction

clock • 1 min read

The Financial Conduct Authority (FCA) has banned jailed adviser David King who is currently serving a six-year and four-month sentence for crimes of fraud and theft. King, who ran his own advice business DNK Wealth Management, was sentenced in 2019 after pleading guilty to three counts of theft, one count of fraud by fault representation and one county of acquiring, using and possessing criminal property. The sentence was handed down at Sheffield Crown Court after King admitted to stealing £608,000 from his victims. The FCA delivered him a notice notifying him of the intention to b...

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?