A "MONEY obsessed" killer will not be able to claim up to £1 million in savings after being found guilty of murder.

Raymond Hoadley, 62, had become so tight-fisted that he even resorted to shoplifting goods he did not wish to pay for.

The estranged husband murdered his ex-wife Jackie Hoadley in Eastbourne after their split.

In his own words, he was a "tight wad with money".

It was revealed how between them the couple had up to £1 million in investments, assets and savings.

Some of the money was also from medical compensation to pay for the care of disabled children.

After trying to take his own life in April, Hoadley went into psychiatric care.

Jackie Hoadley ended their relationship over his erratic behaviour.

But after a previous divorce, Hoadley feared losing out on cash, and spent a month pestering Jackie to sign a financial agreement over their separation.

He was prepared to leave her the £300,000 family home in Broad Oak Close, but wanted to snap up the lion's share of their savings and investments.

But at Lewes Crown Court, Caroline Carberry QC said Hoadley is now "procluded" from "obtaining the benefit" of his former wife's death because he killed her.

Hoadley, of Willowfield Road, Eastbourne, was found guilty of murder after Jackie's body was found. He was jailed for life and must serve a minimum of 26 years.

Previously The Argus reported Hoadley's money obsession. His social worker said: “Raymond Hoadley was driven by money. Either by saving it, not spending it, or stealing things so he did not have to pay for it.

“He was worried his wife might transfer money from their joint account he held at the time that he did not have access to.”

At interview Hoadley told police: “Jackie was very easy to get along with. I don’t know if she had used a dating site or anything like that.

“People often do. I told her, ‘If you do, be careful, there are people who have been ripped off’.

“I’m very financially orientated I don’t want people to be ripped off. I have seen programmes where people are ripped off of thousands and thousands by con men.”

During the rambling in the interviews with police he mentioned The Martin Lewis Money Show, how to make home improvements, and how he only wanted investments which could guarantee a two per cent return.

That was despite the seriousness of the situation and questions about his wife's murder put to him by officers.

He said: “I might come across as clinical. Unfortunately I do. My whole mindset revolves around money. At the end of the day to do anything, you have got to have money. I have always been cautious and careful and a bit reluctant to spend at times.”