Two men jailed over £3.9m Ponzi fraud

Two men jailed over £3.9m lottery syndicate fraud

Two men who pocketed hundreds of thousands of pounds from a £3.9m Ponzi scam have been jailed.

Between them they spent more than £500,000 on holidays, cars and watches, while much of the remaining money was lost when the scheme collapsed.The scheme operated between 2017 and 2019 when an investigation was launched by police following complaints of suspected fraud.

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BBCNews /  🏆 3. in UK

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