The Serious Fraud Office has warned that "high-yield, low risk investments do not exist" after Worce...
The Serious Fraud Office has warned that "high-yield, low risk investments do not exist" after Worcester Crown Court sentenced three men for up to five-and-a-half years in jail for their role in setting up false investment schemes and acting as "facilitators", "consultants" and "introducers" for duped investors. John Wilfred Clark, David John Saull and Jasbir Sing Mudhar swindled £1.1m out of clients. In some cases they promised money would be pooled in a scheme to leverage profits out of a short-term trading programme. A fourth individual is to stand trial next year. The cas...
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