JERSEY: EX-LUMIERE CEO FOUND GUILTY OF £2.7 MILLION FRAUD

Bailiwick Express on 13th September reported that Christopher Paul Byrne (50), a former financier has been found guilty of misleading a group of elderly, vulnerable and financially inexperienced clients in order to obtain £2.7 million of their money, which he then invested in a high-risk fund and lost.  He was the former CEO of Lumiere Wealth Limited which was linked to Guernsey-based Providence, in an affair that has also seen arrests and conviction for fraud in Miami.

https://gsy.bailiwickexpress.com/gsy/news/ex-lumiere-ceo-found-guilty-27million-fraud/?src=ilaw&t=i#.W5qvuPZFx9A

https://jerseyeveningpost.com/news/2018/09/13/financial-adviser-guilty-of-fraud/

 

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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