Adviser with 'Nigel Havers charm' sentenced to eight years

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A financial adviser has been jailed for eight years after being found guilty of conning pensioners out of £1.3m.

Liverpool-based Michael Mawdsley had targeted the recently retired, claiming commission on policies set up in his clients' names, but with false dates of birth and foreign addresses. Policies that were legitimate were frequently blighted by non-disclosure. One client, who died from cancer in 2003, did not receive a penny of life insurance because Mawdsley had not included his diabetes on the forms. Mawdsley attracted clients by setting up retirement-planning seminars, and befriended many, playing golf with them and even running errands for some. Once hooked, Mawdsley demanded addit...

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