Conman targeted the elderly to defraud them out of millions

Contributed An elderly woman and man smile at the camera as they sit in armchairs. The woman has short grey hair and wears a light blue cardigan and a white top underneath with grey and black stripes on it. The man wears a white shirt with a collar and a grey jumper over the top. Contributed
Olive and Donald Matthews thought they were safeguarding their future by signing over their house to UWP in 2008

Eighty-year-old Donald Matthews thought he was safeguarding his family's future when he signed over his house in 2008 to a company he was assured would protect his assets.

But after his death in 2016, the company called Universal Wealth Preservation (UWP) sold his home in Suffolk for hundreds of thousands of pounds and Matthews' children saw none of the money.

Later it would be uncovered that the head of UWP, Steven Long, 59, from Kesgrave near Ipswich, had defrauded Matthews along with 114 other people using the same scam leading to a combined loss of more than £11m.

Donald's son, Paul Matthews, described Long's actions as "disgusting" as Long was sentenced to eight years and four months in prison at Southwark Crown Court on Friday.

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Steven Long was sentenced to eight years and four months in jail

Paul, 67, a retired postman from Lowestoft, Suffolk, said that in 2008 his father received a flyer explaining how to protect his assets by entrusting his home over to Long and UWP.

The aim, Paul said, was "to protect the house from being used for care home fees at a later date" so it could be left to relatives to sell.

Paul did not think his father sought advice, but said he was of sound mind when he signed over his home, paying £3,500 upfront and £211 per year to UWP.

Alex Dunlop/BBC A bald man wearing glasses and a grey top with a small black microphone attached to the collar sits on a cream sofa. He is looking at the camera and is not smiling. Alex Dunlop/BBC
Paul Matthews from Suffolk said he lost hundreds of thousands to UWP after his dad died

After his father died in December 2016 aged 89, followed by his wife Olive who died in 2017 aged 89, Paul began to make arrangements to sell their home in Beyton, near Bury St Edmunds, with UWP.

He first believed "everything was going according to plan", but by January 2018, Paul started to worry after the sale felt it was taking too long and the communication became poor.

"The trust is supposed to send the money to the beneficiaries, in this case me and my brother, which they never did, they kept it," he said.

The home sold for £260,000, but Paul never saw any of the money which left him "angry".

He sought help from a solicitor who suggested contacting the police and officers confirmed they had heard from other potential victims.

Contributed A black and white image of a young man and woman on their wedding day. They stand in front of a large wooden door and smile at the camera. The man has short hair and wears a suit, tie and shirt. The woman wears a white wedding dress and holds a bouquet of flowers in one hand while her other hand rests on the man's forearm. Contributed
Donald Matthews believed he had signed over his home so his children could sell it in the future rather than use it for care home fees

"My parents have worked all their lives to provide for their children and their grandchildren ultimately and that's been stolen," Paul said.

"I think it's disgusting... I don't trust anyone anymore," he added.

'Absolutely devastated'

A woman with short grey hair looks at the camera with a sad look on her face. She wears a knitted stripey jumper in green and cream. Behind her is a fridge with drawings attached to it and several green plants.
Deborah Wildish had hoped to use money from her parent's house sale to retire, but said she will have to continue working to care for her ill husband

Deborah Wildish from Paddock Wood, Kent, and her sister Belinda Bosi, from Hailsham, Sussex, similarly lost thousands to UWP.

In2016 a leaflet came through the door, detailing UWP and what Long could offer.

Thinking it could be good to start a trust for their father, they attended a meeting at a hotel in Eastbourne where Wildish said there was an "impressive set up".

The sisters said Long came across trustworthy and later he helped them sell a flat their parents owned with no issues.

So when both their parents passed away they "thought nothing of dealing" with him again to sell their house and he "seemed like the perfect person to do that", Wildish said.

A person holds a framed photo of a man. The man is smiling at the camera. He has short grey hair and wears a grey shirt with a tie.
Deborah and Belinda had tried to sell their father's home with UWP but are still owed £84,000

Long even came to visit them at Wildish's home to discuss the future.

"When you meet someone face to face, you feel you know them... we felt we could trust him," Bosi,65,explained.

"He seemed to be interested in your story, interested in what you were planning to do, if you needed help or guidance... we felt he knew us by name, we weren't just a number."

During the sale, Long and his staff kept promising the sisters they would see their money, which Bosi needed to buy a property in Portugal.

Some money came in "dribs and drabs" according to Wildish, but they are still missing £84,000.

Wildish had been hoping to use the money to retire and said her dad would be "absolutely devastated" by what had happened.

How was Long finding his victims?

Long ran several businesses under UWP in Ipswich between 2008 and 2018, according to the Eastern Region Special Operations Unit.

He would advertise his services by posting leaflets through front doors across England including in Kent, Essex, Bedfordshire and Hertfordshire.

Det Ch Insp Rob Burns, who worked on the investigation, said he would then utilise luxury hotels and conference suits to hold seminars that were "very professional".

Alex Dunlop/BBC A man with short grey hair looks directly into the camera. He sits in a meeting room which has been blurred behind him. He wears a black suit jacket with a white shirt and blue tie. Alex Dunlop/BBC
Det Ch Insp Rob Burns described Long's actions as "low"

Burns said in the beginning UWP was legitimate, but Long's actions spiralled out of control due to poor business management and he began using his client's money to keep the company afloat.

Long eventually began using his the money to fund his lavish lifestyle with many properties in and outside the UK.

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One of the villas Long had purchased from clients' money

Long was arrested in April 2018 and in December 2018 jailed for eight months for contempt of court when he failed to provide information to help track down his clients' missing money.

At a High Court hearing he claimed he had little more than the clothes on his back and a push bike.

He was later charged with two counts of fraud by abuse of trust after he had caused 115 victims financial losses totalling £11,577,762.

Long pleaded guilty to the offences in March at Southwark Crown Court and on Fridaywas jailed for eight years and fours months.

His business associate, Raymond Simpson, who is believed to be in Portugal, was also jailed for five and a half years after being tried and convicted in his absence of two counts of fraud, one between 1 January 2014 and 23 April 2018 and the other between 1 May 2015 and 23 April 2018.

During the sentencing at Southwark Crown Court, Judge Gregory Perrins considered 37 victim impact statements, excerpts of which were read by the prosecution.

The court heard how Long had left some of them with feelings of "guilt and shame" while others said they hoped their late relatives would forgive them.

When jailing Long, Judge Perrins said: "Your offending has taken a very heavy toll on the lives of so many and you should feel deeply ashamed."

He added that he had "abused the trust" of particularly vulnerable people "to keep your business running and so you and your family could enjoy all the trappings of wealth".

Judge Perrins said Simpson had assisted Long by using money taken from trust accounts to "invest in a series of increasingly reckless investments".

'Harnessing fear'

A woman with shoulder length brown hair sits at a desk and faces the camera. She rests her hands together on a desk in front of her. She is wearing a dark red dress. A computer screen is on her desk as well as a laptop that is closed, headphones and other office items.
Criminologist Dr Elisabeth Carter said Long's in person events had helped him come across as "real and credible" to his victims

Dr Elisabeth Carter, a criminologist at Kingston University London, said: "Central to this fraud is really harnessing the fear of the individuals - the fear of losing your money, fear of not being able to pass on money as inheritance and also fear of not being able to protect the money that you've worked so many years to build up.

"The victims of this fraud, far from being irresponsible with their money, they're doing what they think to be the very best thing and that's what's so devastating," she added.

Amy Wallhead smiles at the camera. She is standing in an office, with a pink wall behind her. She has blonde hair and is wearing a black and white blouse and black jacket.
Amy Wallhead warns it is not possible to ring-fence property from being used for care home fees

Amy Wallhead, a partner at Culver Law and one of the national directors of the Association of Lifetime lawyers, said it was not possible to ring-fence property to protect it from care fees.

"Social services deem that to be a deliberate deprivation of assets if they think you've put your property or any of your assets out of reach for the sole purpose of not paying care fees," she said.

"Unfortunately, [these scams are] very common, and they're getting more and more sophisticated."

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