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Fraudster who stole £15m from community fails to attend confiscation hearing over kosher food claim

Freddy David's lawyer argued a tougher jail would prevent him from preparing his own food

February 26, 2020 16:09
Freddy David
1 min read

A financial adviser who stole £15 million from investors failed to attend court on Wednesday as his lawyer claimed he feared he would not be able to prepare kosher food for himself if he moved to a tougher jail.

Freddy David, 51, used his good reputation within the Jewish community as managing director of HBFS Wealth Management to sell non-existent investment products to his clients.

David transferred his mother around £176,000 while under investigation and spent around £36,000 on gambling just a few days before he was finally arrested, Southwark Crown Court heard.

He used part of an £80,000 investment from one victim to set up a restaurant called "Let’s Meat", visit Greece and Israel and feed his gambling addiction.