Director to Swap Lavish Lifestyle for Cell ; Businessman to Be Sentenced for Pounds 180m Ponzi Swindle

Summary


THE only director of three to face jail after a Lincolnshire- headquartered company collapsed, leaving thousands of investors financially ruined, will be sentenced tomorrow.

As reported, nearly 3,000 investors from across the world ploughed their savings into the Imperial Consolidated Group, which had its head office at Binbrook.

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Extract


Director to Swap Lavish Lifestyle for Cell ; Businessman to Be Sentenced for Pounds 180m Ponzi Swindle

William Godley's sentencing hearing started earlier this week at Blackfriars Crown Court.

It has heard the 62-year-old former head of international sales at Imperial's Bah...

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