Jersey regulator bans ex-Lumiere Wealth financial adviser
After he was given a seven-year prison sentence in 2018
After he was given a seven-year prison sentence in 2018
As regulator warns investors about the risk of fraudsters
Confiscation order against former chief executive not enough to fully pay back victims
Lumiere Wealth managing director Christopher Byrne was jailed for selling fraudulent investments
Sentencing was delayed as the fraudster helped Guernsey authorities with a similar investigation
Visually impaired elderly woman says IFA firm founder made her sign paper giving him a £1m loan
A widow in her late 70s claims the firm lost £600,000 of her money through poor investments
Chris Byrne is accused of losing £2.7m in client money via high-risk investments
The former managing director of defunct Jersey-based IFA firm Lumiere Wealth, Christopher Paul Byrne, will face a six-week trial in Jersey’s Royal Court starting next August.
The former managing director of defunct Jersey-based IFA firm Lumiere Wealth, Chris Byrne, will likely stand trial in summer 2018 for, among other things, fraud and knowingly making misleading or deceptive promises to clients.
The founder and managing director of defunct Jersey-based IFA firm Lumiere Wealth, Christopher Byrne, is facing further charges related to his role in selling investments in the now-collapsed Providence Funds.
Four men have been arrested on suspicion of fraud as part of the ongoing investigation into the collapsed Guernsey-based Providence Investment Fund that saw some investors lose their life savings.