Conman targeted the elderly to defraud them out of millions
Summary
Steven Long, head of Universal Wealth Preservation (UWP), was sentenced to over 8 years in prison for defrauding 115 people, mostly elderly, out of more than £11 million. The victims trusted UWP to protect or sell their homes, but the company sold properties and kept the money without giving it to the rightful heirs.Key Facts
- Steven Long led UWP, a company that claimed to protect people's assets, especially homes.
- UWP targeted elderly people with promises to safeguard their homes from costs like care fees.
- Donald Matthews signed over his home to UWP in 2008 and died in 2016; his family never received money from the house sale.
- UWP sold Matthews’ home for £260,000 but did not give any of the money to his children.
- More than 114 victims lost a total of over £11 million to the same scam.
- Deborah Wildish and her sister also lost thousands after trusting UWP to sell their parents’ home.
- Police investigated after victims reported the scam, leading to Long’s conviction.
- Long was sentenced at Southwark Crown Court and will serve 8 years and 4 months in prison.
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