SFO to secure further £491,000 from overseas investment fraudster

Alan Edwin Gardner, 57, targeted British expats by falsely claiming their money was being invested via a reputable Swiss bank, UBS AG. The confiscation uplift follows the uncovering of additional assets acquired since the original order was made. These included equity in two UK properties, luxury vehicles and bank accounts. Gardner was convicted in 2009. An SFO investigation found that he had persuaded expats in Jakarta to hand over savings on false promises of generous and in some cases guaranteed returns. Gardner spent investors' funds on personal expenditure, in addition to offs...