‘Pay back £1.3m or serve another eight years’

A disgraced financier who swindled £15m from investors has been ordered to pay back £1.3m or face another eight years in jail. Freddy David, 51, used his good reputation within the Jewish community as managing director of HBFS Wealth Management to sell non-existent opportunities to his clients. David stole a total of £14,545,594 from a total of 55 clients over ten years and was jailed for six years for fraud in July 2018. He used part of an £80,000 investment…