{"id":130098,"date":"2022-09-30T20:55:52","date_gmt":"2022-09-30T13:55:52","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/essex-man-jailed-over-226m-caribbean-holiday-homes-ponzi-scheme\/"},"modified":"2022-09-30T21:18:56","modified_gmt":"2022-09-30T14:18:56","slug":"essex-man-jailed-over-226m-caribbean-holiday-homes-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/essex-man-jailed-over-226m-caribbean-holiday-homes-ponzi-scheme\/","title":{"rendered":"Essex man jailed over \u00a3226m Caribbean holiday homes \u2018Ponzi scheme\u2019"},"content":{"rendered":"


\nJudge tells David Ames he is a \u2018menace to anybody unfortunate enough to do business with you\u2019An Essex businessman behind a \u00a3226m luxury Caribbean holiday homes fraud in which thousands of people lost life savings and pensions has been sentenced to a 12-year term after a judge described him as running a \u201cgigantic Ponzi scheme\u201d.David Ames, 70, was convicted last month at Southwark crown court on two counts of fraud by abuse of position, after a Serious Fraud Office investigation found he had deceived more than 8,000 UK investors in the Harlequin Group, a hotel and resorts development venture, using celebrity endorsements to lure people in. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Essex man jailed over \u00a3226m Caribbean holiday homes \u2018Ponzi scheme\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Judge tells David Ames he is a \u2018menace to anybody unfortunate enough to do business...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-130098","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xQm","jetpack-related-posts":[{"id":90612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ex-property-agent-fined-for-deal-linked-to-10-8b-ponzi-scheme\/","url_meta":{"origin":130098,"position":0},"title":"Ex-property agent fined for deal linked to $10.8b Ponzi scheme","date":"June 6, 2018","format":false,"excerpt":"\r The former agent failed to alert the authorities that his client likely used money obtained from illegal activities to buy a Sentosa Cove bungalow costing $23.8 million. The court has imposed a $10,000 fine on a former property agent for failing to alert the authorities that his client likely\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-like-uncluttered-design-in-essex-homes-the-only-way-is-modern\/","url_meta":{"origin":130098,"position":1},"title":"'I like uncluttered design': in Essex homes, the only way is modern","date":"April 1, 2017","format":false,"excerpt":"\r Far from being the place that taste forgot, Essex has a radical past as the cradle of British modernism. We meet the owners of some of the county\u2019s architectural gemsWhen it comes to the stereotyping of British counties, Essex beats them all, from Towie to fake tans, bleached blondes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149342,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-labour-can-make-homes-more-affordable-letters\/","url_meta":{"origin":130098,"position":2},"title":"How Labour can make homes more affordable | Letters","date":"February 2, 2025","format":false,"excerpt":"\r Puncturing this Ponzi scheme is the only way, writes John Worrall. Starmer doesn\u2019t have the guts, says Stan Collins. And Rob Harris doesn\u2019t want to see capital gains tax applied to his homeGeorge Monbiot (Home truths: the only thing Labour is building is a bigger, more dysfunctional housing market,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171962,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millions-of-homes-in-london-essex-and-kent-at-risk-of-sinking-as-climate-crisis-worsens\/","url_meta":{"origin":130098,"position":3},"title":"Millions of homes in London, Essex and Kent at risk of sinking as climate crisis worsens","date":"June 11, 2026","format":false,"excerpt":"\r Analysis pinpoints areas most vulnerable to hotter, drier weather causing ground to shrink and drag foundations downMillions of homes are at risk from climate-related subsidence, according toan analysis by the British Geological Survey (BGS).As hotter, drier summers driven by global heating become more frequent, the ground under houses can\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66176,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/life-sentences-290m-fine-for-ponzi-scheme-in-china\/","url_meta":{"origin":130098,"position":4},"title":"Life sentences, $290m fine for Ponzi scheme in China","date":"September 12, 2017","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...Life sentences, 0m fine for Ponzi scheme in China","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54871,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bernard-madoff-what-is-a-ponzi-scheme-and-how-does-it-work\/","url_meta":{"origin":130098,"position":5},"title":"Bernard Madoff: What is a Ponzi scheme and how does it work?","date":"May 15, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Bernard Madoff: What is a Ponzi scheme and how does it work?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130098"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=130098"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130098\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}