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Lord D'arcy Pew

Another Property Scammer On Bbc News

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http://news.bbc.co.uk/1/hi/uk/8156246.stm

The court heard some were pushed to the brink of financial ruin by his "rampant deceit" and several saw their marriages crumble under the stress.

All thought they were investing in a thriving property development company, the jury heard.

Their money funded Page's expensive lifestyle and gambling addiction, paid debts and kept afloat his ailing "Currency Club" investment scheme.

"The ability to inspire confidence and to sound plausible even when telling the most outlandish lies was very much Mr Page's stock in trade," said Douglas Day QC, prosecuting.

'No money left'

Victims, who were promised returns as high as 120% and plied with glossy brochures filled with "lie after lie", said Page was "charismatic, plausible and persuasive".

They told the court he played on their sympathy to avoid returning their money, including inventing the deaths of several relatives. His father "died" three times, he pretended he had been burgled and claimed that a tarantula had infected his eye.

One victim was his best man Fahim Baree, a travel agent who remortgaged his mother's house, handed over £190,000 and introduced others to his friend.

The jury convicted Page on Thursday of fraudulent trading between 2003 and 2006, but the decision could not be reported because of legal reasons involving a second count of intimidating Mr Baree.

After a further deliberations on Friday, Page was cleared of that count.

Last month Page's wife Laura, 42, was cleared of all wrongdoing after being accused of helping her husband launder money defrauded from friends and colleagues.

She was also cleared of intimidating and threatening to kill one of their victims after he spoke to police.

She sobbed as the unanimous verdict was returned and her husband was remanded in custody.

The judge said there would be no confiscation hearing "because there is no money left".

Page joined Essex Police in 1992, moved to the Met three years later and then transferred to SO14, the Royalty Protection Command, in 1998.

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http://news.bbc.co.uk/1/hi/uk/8156246.stm

The court heard some were pushed to the brink of financial ruin by his "rampant deceit" and several saw their marriages crumble under the stress.

All thought they were investing in a thriving property development company, the jury heard.

Their money funded Page's expensive lifestyle and gambling addiction, paid debts and kept afloat his ailing "Currency Club" investment scheme.

"The ability to inspire confidence and to sound plausible even when telling the most outlandish lies was very much Mr Page's stock in trade," said Douglas Day QC, prosecuting.

'No money left'

Victims, who were promised returns as high as 120% and plied with glossy brochures filled with "lie after lie", said Page was "charismatic, plausible and persuasive".

They told the court he played on their sympathy to avoid returning their money, including inventing the deaths of several relatives. His father "died" three times, he pretended he had been burgled and claimed that a tarantula had infected his eye.

One victim was his best man Fahim Baree, a travel agent who remortgaged his mother's house, handed over £190,000 and introduced others to his friend.

The jury convicted Page on Thursday of fraudulent trading between 2003 and 2006, but the decision could not be reported because of legal reasons involving a second count of intimidating Mr Baree.

After a further deliberations on Friday, Page was cleared of that count.

Last month Page's wife Laura, 42, was cleared of all wrongdoing after being accused of helping her husband launder money defrauded from friends and colleagues.

She was also cleared of intimidating and threatening to kill one of their victims after he spoke to police.

She sobbed as the unanimous verdict was returned and her husband was remanded in custody.

The judge said there would be no confiscation hearing "because there is no money left".

Page joined Essex Police in 1992, moved to the Met three years later and then transferred to SO14, the Royalty Protection Command, in 1998.

no confiscation hearing....no money left...how does he know without a hearing? what about the wifes car, her house, her holiday homes, her boat?

Judges....twats the lot of them....they hear a case where it is PROVED the MO is one of plausible sympathy...then they hear there is no money to get in a confiscation hearing...plausibly....so they take it as red!.....total twats.

Edited by Bloo Loo

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