A man from Burley in Wharfedale, who defrauded his victims out of more than £700,000 has been jailed.
Peter Adrian Dilenardo, 50, of Ron Lawton Crescent, Burley in Wharfedale, Ilkley, was found guilty at Leeds Crown Court of eight offences including fraud by abuse of a position of trust and fraud by false representation.
The court heard how Dilenardo had previously been an Independent Financial Advisor authorised to give investment advice to clients relating to products regulated by the Financial Conduct Authority. That authorisation ended, however, on 13 February 2014.
Following this suspension he continued to give regulated advice to his clients, advising them to remove funds from regulated products and invest them into a company owned by him.
The total amount of money he conned out of his victims was revealed in court to be £747,000.
Dilenardo was sentenced to 10 years and three months in prison.
Bradford Libraries Launch Summer Reading Challenge
Seven Arrested in West Yorkshire Immigration Crime Crackdown
MyLahore Celebrates 24 Years of Serving Communities
Culture at the Heart of Stockport’s Transformation
South Asian Art Exhibition Opens at Cartwright Hall
Men’s Mental Fitness Programme Launches in Blackburn
Former Teacher Charged with 1990s Child Sex Offences
Council Calls for Tougher Fly-Tipping Sentences
Man Jailed for Raping and Exploiting Vulnerable Teen in Stockport
Free Midsummer Festival to Return to Milton Keynes
Leeds Sets Out ‘Landmark Year of Opportunity’ for Major Projects
Alim OnAir
Legal Show
Bhangra Nights
The Golden Era