IFA jailed for $800k Brit expat fraud

The Bromsgrove-based adviser faces six years imprisonment for devising and orchestrating an investment scheme claiming to involve foreign currency trading, luring four British and a Canadian expat into "a classic case of high-yield investment fraud". The court found the high net worth expats were seduced by the notion they could be involved in exclusive financial deals, normally the preserve of institutional investors, with the supposed (and false) backing of UBS. Gardner had a brief spell with an IFA firm in Jakarta but did not complete his employment probationary period. He returne...