Investment fraudster jailed for multi-million pound scam

Pedro Gonçalves
clock • 3 min read

A man has been jailed after being found guilty of a £20.5m foreign exchange investment scam that lasted over a decade. Joseph Lewis, 65, was sentenced to five years and four months in prison at Southwark Crown Court on Friday, October 16. He had previously pleaded guilty to 19 counts of fraud by false representation at a hearing in September 2020. The Yorkshire-based fraudster told victims their cash would be used in a lucrative FX-trading venture before he spent it on a globe-trotting life of luxury. Many of his victims were investing their money to save towards retirement or to...

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