Samrat Bhandari, who played a prime role in the operation of an investment scheme which led to investors collectively losing more than £1.4m, has been sentenced to three and a half years imprisonment.
Bhandari was convicted at Southwark Crown Court on Wednesday after a 49 day trial. In sentencing, Judge Loraine-Smith stated that Bhandari had been "entirely self-centred and devious", demonstrating "not a shred of regret" for what he had done, nor any sympathy to the investors. Between 2009 and 2014, Bhandari, along with Aleem Mirza, Michael Moore and Paul Moore, played an instrumental role in misleading investors - many of whom were retired and vulnerable - through the creation of a "healthcare solutions" firm, Symbiosis. Some 300 victims were promised large profits through the o...
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