Page 2 - நிதி நடத்தை அதிகாரம் ஒழுங்குபடுத்தப்பட்டது News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Two fraudsters have been convicted today (12 May) for conning vulnerable victims out of £36 million in a ‘boiler room’ fraud operation. Paul Seakens, 60, and Luke Ryan, 33, were found guilty at the new specialist court, Prospero House, Southwark, on charges of running a business for fraudulent purposes. Seakens was also convicted of money laundering and proceeds of crime charges. Seakens and Ryan were directors of a company based in Winchester, Enviro Associates, that sold Voluntary Emission Reduction (VERs) carbon credits to mostly vulnerable individuals using call operatives, making false claims about returns. The VERs sold to clients were essentially worthless, purchased via Seakens’ London based company CNI for very small sums and then sold by the boiler rooms - call centres for con artists - to victims at vastly inflated prices (between 200% - 1,000% mark-up).

City of londonCity ofUnited kingdomPaul seakensPaul curtisLuke ryanAndrew symesJane mitchellCrown prosecution serviceEnviro associatesCity of london police financial investigation unitSpecialist fraud divisionHampshire policeCity of london policeProspero houseVoluntary emission reduction