Seven Years for UK Fraudster

Post date: 05-Mar-2014 12:04:56

Whilst LM investors wait patiently for the ASIC to conclude their investigation into the outrageous collapse of LMIM and the 'loss' of over AU$700m of investors monies, the UK courts send out a thunderous deterrent signal by punishing a fraudulent investment scheme operator with the longest jail sentence ever for a prosecution brought by the FCA or it's predecessor the FSA. Read the report by the International Advisor.