Investment duo jailed for £36m 'boiler room' fraud | International Adviser
Victims lost their life savings in the ‘hideous scam operation’
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Victims lost their life savings in the ‘hideous scam operation’
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Vulnerable victims were targeted during the investment fraud TWO fraudsters have been convicted for conning vulnerable victims out of a £2 million in a ‘boiler room’ fraud operation. Luke Ryan, 33, and Paul Seakens, 60, and were found guilty at the specialist court, Prospero House, Southwark, on Wednesday, 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 Enviro Associates, a company based in Southgate Street, Winchester, that used high pressure sales tactics to ...
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 f...
After duping vulnerable victims out of £36m, two fraudsters have been convicted today after their ‘boiler room’ fraud operation was foiled.