Trusted Advisor Coned 36 People | UK News
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Trusted Advisor Coned 36 People | UK News
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A trusted financial advisor named Paul Barnes pulled off a shocking scam, swindling 36 people out of nearly £2 million over just six months—using personal relationships, sob stories, and even asking a 84-year-old man for cash. One longtime friend, a horse trainer, lent him £40k for inheritance tax, only to get back £25k—and still lose £15k. Barnes funneled the money into crypto, faced 39 fraud charges, including ones against charities and his own community group, and was sentenced to 11 years. This chilling case proves how easily deep trust can be weaponized—and why even the closest friends need careful checks before handing over money.
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