Two plead guilty after clients lose £2m in fraud case
By FCA
Source excerpt · FCA
Two people who worked at financial advice firms have pleaded guilty to fraud after 4 clients lost £2m. Kerry Nelson, the director of Nexus Independent Financial Advisers Limited and Nexus Investment Managers Limited, and Jacqueline Stephens, the firms' business operations manager, admitted all charges brought by the FCA at Portsmouth Crown Court.They admitted defrauding clients between January 201…