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Financial planner convicted on 30 counts of insurance fraud
Shaun Dorning redirected payments totalling R4.2 million from a client while working as an independent contractor.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreShaun Dorning redirected payments totalling R4.2 million from a client while working as an independent contractor.
The financial services group is aware of another client who fell victim to the former employee’s alleged misconduct.