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Facebook · DevonA fraudster has been jailed for more than seven years after running a £1.3million Ponzi scheme from his bedroom.Daniel Pugh helped set up the fraudulent Imperial Investment Fund (IIF), taking money from 238 investors whom he largely targeted using Facebook adverts.Investors who were victims of the Ponzi scheme were offered "impossibly high returns" of 1.4 per cent a day, seven per cent a week or 350 per cent a year, the Financial Conduct Authori…See the Story
Fraudster Sentenced to 7 and a Half Years in Jail After Taking £1.3 MILLION in Ponzi Scheme
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