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Adrian GALLIERS sentenced

Adrian GALLIERS, finance worker has been sentenced to 3 years in jail for defrauding his clients out of £157,150 that was intended for their retirement.

He admitted guilt to 10 counts of fraud by abusing his position as a trustee which had taken place over four and a half years through his company Guernsey Financial Consultants Limited.

He had at first intended to return the money but he soon ran into financial difficulties and the situation spiralled out of control.

The Guernsey Financial Services Commission fined GALLIERS £42,000 in 2015 after concerns as to how GALLIERS was running the business.