Crypto fraudster duo sentenced to a combined 12 years imprisonment

Between February 2017 and June 2019, Bedi, of Bromley, and Mavanga, of Peckham, were found to have cold-called victims and sold fake investments in crypto. At least 65 investors were defrauded and lost £1,541,799. Bedi has today (4 July) been sentenced by his Honour Judge Griffiths sitting at Southwark Crown Court to five years and four months and Mavanga has been sentenced to six years and six months. The FCA confirmed that confiscation proceedings are continuing to recover the benefit from the crimes of both defendants. In sentencing, His Honour Judge Griffiths remarked that Bedi...