Scottish national Andrew Crawford Norman Fleming (47) was jailed on Friday for 12 months for supplying a series of false information in a bid to buy a trust company for around £7 m. The Royal Court heard that Fleming had told a wealth of lies about his success in business including a false story that he had amassed a fortune worth 500 million dollars.
Crown Advocate Matthew Jowitt said the defendant, who referred to himself as 007 when corresponding with false business associates, had even lied to the Commission saying he had no online identity because it had been deleted after attempts to kidnap his children.
It is the first time anyone has been convicted under the Financial Services law 1998.
Full report to follow.
