Two convicted in £115m ponzi scheme

John Anderson, 46, from West Hampstead, and Kenneth Peacock, 43, from Surrey, were found guilty of unlawfully accepting deposits from investors at Southwark Crown Court, reports the BBC. The scheme's victims included former England cricketer Darren Gough and actor Jerome Flynn. Mastermind of the scheme Kautilya Pruthi, 41, of Wandsworth, London, had already admitted seven fraud counts. Telling victims they were lending to importers and exporters in need of short-term credit, Pruthi, Peacock and Anderson lured investors with the promise of returns of up to 20% a month. Pruthi pai...