The South Coast Ponzi Fraud: Episode 02
UK True Crime Podcast
00:00
The Importance of Investing in the Future
Wilson invented accounts for the business and these showed that his company had grown from 3.6 million invested in 2005 to 28.5 million invested in 2007 with incredible returns of 4-5, even 9%. By 2008, according to Wilson, his funds for investment were actually 103.3 million, increasing to 160 million by the following year. In 2015, he actually only had 100k invested and by 2010, the real figure committed for investment was 21.8 million. Of that money, only 20% was actually invested by Wilson. He'd a staff of 10 working for him, of which 5 were young trainee traders. They weren't trading on live screens, they were being made to
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