Former Imperial Consolidated director jailed for 3 ½ years

William "Bill" Godley, who was sentenced today at Blackfriars Crown Court, was also disqualified from acting as a company director for six years, says the SFO. Godley, together with three other company executives, was charged in 2006 with a single count of conspiracy to defraud in an internationally promoted scheme attracting over £250m from approximately 3,000 investors. The investigation was conducted with Lincolnshire Police. Investors believed their money would be used to finance a commercial loans business from which they would gain interest. The fraud operated from premises o...