The Serious Fraud Office (SFO) has completed its investigations into three investment frauds which lost hundreds of investors millions of pounds following a decision at Harrow Crown Court last week.
One man, Richard Gunter, was involved in two of the cons which involved alcohol investments and promised returns, in some cases, of 110% in three months. Last year, Gunter was sentenced to five years' imprisonment for his involvement in the most recent scam. This will run concurrently to a previous four-year sentence he received in 2008. The latest fraud concluded last week after a jury was unable to reach agreement following a six-week trial of another defendant, Robin Grove. In that case, Gunter admitted he dishonestly obtained money from individuals mainly based in the USA and C...
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