Ex-Lloyds TSB adviser admits defrauding clients and school

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A former Lloyds TSB financial adviser is facing jail after admitting to defrauding two of his clients and misusing funds from a primary school.

Andrew Bartlett of Northill Gardens, Malvern, pleaded guilty to five offences at Gloucester Crown Court. The first two offences relate to dishonestly abusing his position as a financial adviser, the Worcester News reports. The 48-year-old, who had worked at Lloyds TSB in Gloucester, paid £11,000 of client Lesley Bagshaw's money and £40,000 of client Eileen Davis' money into his property development company in 2009 rather than investing it for his clients as agreed. The other three offences, for using criminal property, relate to his position as chairman of the finance committee at ...

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