Fake 'Lord' jailed for multi-million pound fraud

Following the lifting of reporting restrictions, the Serious Fraud Office (SFO) has revealed that self-styled “Lord” Edward Davenport, 45, was the mastermind of a commercial loans advance fee fraud scheme in which businesses were ripped off. Davenport set up Gresham Ltd in 2005 and pretended it was a respectable business with experience of sourcing large commercial loans. Between 2006 and 2009, his victims paid him to inspect their companies ahead of lending them money as venture capital. Davenport was jailed last month for seven years and eight months, along with defendants Peter ...