Norfolk financial advisers charged with fraud offences running into millions of pounds
- Credit: Copyright Archant Norfolk 2010
Two Norfolk-based financial advisers have been charged with a total of 14 offences for alleged fraud likely to run into millions of pounds, according to investigators.
Alan Taylor, 36, of St Stephen's, Norwich, has been charged with seven counts of fraud including conspiracy to defraud and fraud by abuse of position.
And his brother Russell Taylor, 35, of Old Hall Road in Witton, has been charged with seven separate counts of fraud, also including conspiracy to defraud and fraud by abuse of position.
The charges relate to investments handled between their businesses, Taylor and Taylor Associates, based in Hoveton, and Vantage Investment Group, based at managed offices in Cavell House, Stannard Place, near Anglia Square, Norwich, between January 2008 and July 2015.
The investigation has been led by officers from the Eastern Region Specialist Operations Unit after the men were arrested on October 21 last year.
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It came after the specialist officers, assisted by Norfolk Police, carried out warrants at two addresses in Norwich, one in Witton and another in Dilham.
Hoveton-based Taylor and Taylor Associates is now in liquidation.
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The brothers launched Vantage Investment Group in 2008, and were the only directors at the firm.
The two men were charged yesterday and have been released on conditional bail, to appear before Norwich Magistrates' Court on Friday, June 24.