Boss Jailed for Pounds 14m Fraud ; Weekontheweb: A Round Up of the Most Popular Stories From the Past Week at Birminghampost.Net

Birmingham Post › August 19, 2010

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Summary

A businessman who cheated private investors out of millions of pounds has been jailed for 11 years.

Detectives in Birmingham launched an investigation into Eric Danison after a city-based victim came forward with allegations about the fraudster.

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Extract

Boss Jailed for Pounds 14m Fraud ; Weekontheweb: A Round Up of the Most Popular Stories From the Past Week at Birminghampost.Net

West Midlands Police said that between 2004 and 2009, Danison defrauded investors, from both the UK and the USA, out of more than pounds 14 million by operating a string of bogus investment and property companies.

Danison was sentenced to 11 years at Birmingham Crown Court after earlier pleading guilty to charges of obtaining money by deception, ...

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