Episode Details

Raymond Simpson, a 78-year-old financial advisor, stands accused of defrauding pensioners out of £11.5 million. Alongside his partner Steve Long, they promised to safeguard savings from care home fees and inheritance tax, but prosecutors allege they squandered the money on failed businesses, risky investments, and Spanish land. Simpson denies all charges, while Long has admitted to two counts of fraud. The trial reveals a web of deceit, with Simpson using client funds to pay staff and introducing Long to shady bank trades for personal gain. The human cost is devastating, with victims losing tens of thousands, even hundreds of thousands, in inheritances and nest eggs.

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