Wealth manager who bought racehorses with client funds pleads not guilty to fraud

A former racehorse owner who was also the principal partner in a wealth management firm, WealthTek LLP, is to make his second appearance in court on 6 February, having been charged with nine criminal offences by the FCA.

By Neasa MacErlean

John Dance, 50, pled not guilty on all counts on 3 January at North Tyneside Magistrates' Court, from where his case is being transferred to Newcastle Crown Court.