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Former adviser jailed for six years

'One of the men in his sixties who fell victim to Bottomley has severe learning difficulties'

19 August 2015

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A former financial adviser has been jailed for defrauding four of his vulnerable and elderly clients of more than £350,000.

Peter Bottomley, 60, of Hall drive, Morecambe, pleaded guilty to eight counts of fraud and theft at Preston Crown Court in July 2015.

He worked as a financial adviser between 2008 and 2014, during which time he committed his crimes.

Bottomley's four victims were all in their later years and had disabilities such as learning disabilities, dementia and cerebral palsy. He had also been a close family friend of one of his victims for over 30 years.

He was given responsibility to handle some of his client's financial affairs, but went to claim he had lasting power of attorney over their affairs, when he did not.

Bottomley also made himself a beneficiary in their wills.

DI Simon Dent of Lancaster CID, said following the sentence: 'This has been a long and complex investigation looking into the activity of Bottomley who abused his position as a financial advisor, befriending the two men and two women, one of whom sadly died in 2011, to steal large sums of money from them when they had trusted him with their finances.

'One of the men in his sixties who fell victim to Bottomley has severe learning difficulties. The other victims, two sisters aged 93 and 88, and a man aged 87 all suffered with dementia, making this a truly despicable crime committed against some of the most vulnerable members of the community in Morecambe.'

 

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Vulnerable Clients