Fake bomb detector conman jailed for 10 years
Source: Guardian
A fraudster who sold more than £55m worth of fake bomb detectors to Iraq and other security hot spots has been jailed for 10 years.
Jim McCormick, 57, was found guilty of three counts of fraud over the sale of bogus explosive and drug detection devices for as much as £10,000 each when they were based on £15 novelty golf ball finders.
At the Old Bailey in London on Thursday Mr Justice Hone handed down the maximum sentence for a crime he described as "a callous confidence trick". He said the case was the most serious of its kind he has known.
After the verdict, Iraqi exiles called for compensation from at least £7m in assets that are expected to be confiscated from the Somerset-based businessman.
Read more: http://www.guardian.co.uk/uk/2013/may/02/fake-bomb-detector-conman-jailed
The Wizard
(12,541 posts)like Joseph Smith who founded the Mormon Church (business exchange). He was wanted all over the country for conning people by telling them that for a fee, he would look at their property and tell them whether it contained gold.
He chose Utah because it was a territory not under the legal auspices as the States.
HereSince1628
(36,063 posts)MisterP
(23,730 posts)Sunlei
(22,651 posts)dotymed
(5,610 posts)55m....now his family fortune is made.
"They" never even tested them. Bribery should have been charged also.
dipsydoodle
(42,239 posts).
freshwest
(53,661 posts)hobbit709
(41,694 posts)wilt the stilt
(4,528 posts)If he was in America we would herald him as a keen businessman.
tofuandbeer
(1,314 posts)Blue_Tires
(55,445 posts)(HINT: ALL of them)