Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Fraudsters jailed after targeting expats

Wednesday 23 December 2009 01:00 GMT
Comments

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.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in