UK adviser firm boss jailed for 14 years over £13m Ponzi fraud

UK adviser firm boss jailed for 14 years over £13m Ponzi fraud

A UK financial advice company boss has been jailed for 14 years after he was found guilty of one of Scotland's largest scale investment frauds, duping investors into a £13m Ponzi scheme. Alistair Greig, 66, who ran Aberdeen-based Midas Financial Solutions (Scotland), fraudulently obtained £13m from investors with £6m of investors savings finding its way into Greig's personal accounts, funding a lavish lifestyle of expensive cars, holiday homes and trips to Old Trafford to watch Manchester ...

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