A banned financial adviser stung a 92-year-old for her savings after starting a job as a door-to-door salesman.
Donald Morgan, who was once fined more than £300,000 over bogus insurance deals, befriended the woman after setting up as a Kleeneze agent.
Morgan wormed his way into the vulnerable pensioner’s trust and wrote a cheque to himself on her behalf.
The 67-year-old took £5,000 from her account before the pensioner’s gardener raised the alarm.
Morgan targeted the woman, who is partially deaf, two years after he was banned from working as a financial adviser and fined £335,000.
The Financial Services Authority (FSA) hammered him after he kept clients’ insurance premiums which were paid to his firm, Donald Morgan Insurance Services.
A criminal investigation into Morgan collapsed – but an FSA probe in 2012 revealed that he had faked reports and paid the money to himself.
He set up as a door-to-door agent for home and kitchenware firm Kleeneze after being banned.
He faces a jail sentence after his latest con, which was carried out between December 2013 and September 2014.
At Ayr Sheriff Court last month, Morgan was found guilty of stealing.
He was sentenced last week (18/02) to 12 months’ supervision order and 120 hours’ unpaid work.
The woman’s gardener Paul Currie became suspicious of Morgan when he began hanging about her home in the town.
Mr Currie, 54, said: “Who else might he have befriended? Morgan took advantage of an old lady and I couldn’t let that go.
“It could have been my gran. It could have been anyone’s gran.”
Mr Currie found out about Morgan’s dodgy background after searching his name on the internet.
He then contacted the victim’s god-daughter, who lives in France.
The pair called in police. Morgan claimed the cash was a loan and that he has repaid the sum.
Mr Currie said: “Morgan introduced himself and said he had found out several thousand pounds had been taken from her bank by a kitchen firm.
“I was concerned about why he had been taking an interest in her finances in the first place.
“He was also in the house a few times going through her personal documents and bank statements.
“He’d said he was helping her with her financial affairs.
“I checked on the internet and found a man with the same name had been fined a huge amount by the Financial Services Authority.
“We found out later that he had already cashed a cheque for £5,000.”