Three former directors sentenced in £70m pension fraud case

3,000 people defrauded

clock • 2 min read
Three former directors sentenced in £70m pension fraud case

Three directors have been sentenced to a combined 15 years and nine months in prison for orchestrating a seven-year £70m investment fraud duping more than 3,000 people – many of them pensioners – out of their savings.

Matthew Pickard was sentenced to six years in prison for fraudulent trading while Stephen Greenaway was sentenced to five years and three months. Paul Laver was sentenced to four years and six mont...

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