Fraudsters jailed after targeting expats

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The Independent Online

Five men have been jailed for running an investment scam through which British expats lost nearly £2m, after a trial which ended at Worcester Crown Court this week.

The men, who operated under the name Prudential Commercial Investments, conned overseas independent financial advisers (IFAs) into persuading their clients to invest money in their commercial property loans business. In total, £1.93m was taken from 56 investors in 2003 and 2004.

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