Manchester news 'Financial adviser' conned three people out of nearly £600k for gambling habit Manchester united news

MetiNews.Com - The dad-of-two has been jailed for six years

Manchester news 'Financial adviser' conned three people out of nearly £600k for gambling habit Manchester united news

MetiNews.Com - The dad-of-two has been jailed for six years

Manchester news  'Financial adviser' conned three people out of nearly £600k for gambling habit Manchester united news
14 January 2021 - 20:16

Breaking News ! A man claiming to be a 'financial adviser' who conned people - including a woman in her 80s with dementia - out of nearly £600,000 to feed his gambling addiction has been jailed. Christopher Summers, 59, duped three people into giving him hundreds of thousands of pounds. Among his victims was a vulnerable woman with dementia, who had never been responsible for her finances and had no idea how much she had in the bank. Summers targeted her and the elderly woman wrote 14 cheques worth almost £500,000 over the course of two years and seven months. The conman tricked people into lending him money for investments, with the promise of interest in return, Manchester Minshull Street Crown Court heard. Read More Related Articles How Covid-19 vaccinations are progressing in Bury Read More Related Articles Teenager is stabbed in horror fight which saw 'masked gangs fight with machetes and guns', say witnesses The father-of-two, of Walmersley Road, Bury, admitted to three counts of fraud. Judge Angela Nield banned identification of his three victims, who were referred to as 'Mrs A', 'Mr B' and 'Mrs C' in court. Prosecutor Brian Berlyne said: "Mrs A was between 84 and 88 at the time of this offence, she had a bank with Santander. There was power of attorney in relation to members of her family, her mental state was deteriorating. "Staff at Santander became suspicious about activity on this account in June 2019, they were made aware by Nationwide Bank about a cheque, they noticed other suspicious activities. Between September 2016 and April 2019 14 cheques had been made payable to Mr Summers." Christopher Summers has been jailed for six years (Image: ABNM Photography) The day after Santander froze the elderly woman's account, the brazen fraudster took his victim to the Santander Ramsbottom branch, asking for this to be reversed.

. Mr Berlyne continued: “She had instructed him after her husband’s death, Mrs A did not have any idea of the extent of her wealth." The court later heard how Summers told his two other victims different lies to con them out of cash. Summers told Mr B he was investing in Howards Financial Advisers, and Mrs C that he was investing in a company in which someone was retiring. The two agreed to this expecting to receive payment back with interest, heard the court. Summers claimed to work at the financial advising service, but the court heard he only rented a room there and was self-employed. Mr B gave £74,000 and should have received his payment back with £27,000 on top. Instead he was left with £73,000. Mrs C gave Summers £101,000. The victim should have received £124,500, but instead got just £38,750 back. Summers has been jailed for six years.

Source = MetiNews.Com

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Manchester news 'Financial adviser' conned three people out of nearly £600k for gambling habit Manchester united news


Manchester news 'Financial adviser' conned three people out of nearly £600k for gambling habit Manchester united news


Manchester news 'Financial adviser' conned three people out of nearly £600k for gambling habit Manchester united news


Manchester news 'Financial adviser' conned three people out of nearly £600k for gambling habit Manchester united news

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