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A London financial advisor faces charges for allegedly defrauding clients out of nearly $2 million.
Police launched an investigation after a person reported investing a large sum of money with a financial advisor dating back to 2003 that went missing, police said Friday.
“The financial advisor was said to have collected investments from a number of people, however, did not invest the money obtained,” police said in a statement.
Investigators determined that 18 people were defrauded out of $1,988,000.
Robert Hawken, 66, of London is charged with fraud over $5,000 and possession of property obtained by crime over $5,000. He was arrested Thursday and is scheduled to appear in court on Oct. 22.
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