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Ex-SJP wealth adviser jailed for £800k client gamble

By March 29, 2018 No Comments

A former St James’s Place (SJP) adviser has been jailed for defrauding clients of more than £800,000 to fund his gambling addiction.

Mark Pickering was sentenced to 40 months in prison after he was found guilty of defrauding clients to place bets with Betfair in an account which accrued nearly £1.1 million of losses, the Nottingham Post reports.

Judge James Sampson said eight clients were defrauded of £844,000 over a three-year period.

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