suspect in the alleged fraudulent £10m Gilher investment scheme has been extradited from Spain to face charges of conspiracy to defraud

21:27 El NACHO 0 Comments

Richard Pollett, a suspect in a £10m ponzi scheme fraud, was extradited from Spain to appear before the Bradford Magistrates court today (27 July), charged with conspiracy to defraud.
Mr Pollett was based in Mallorca and Poole and joined John Hirst, who was charged earlier this year with conspiracy to defraud in connection with an alleged ponzi investment scheme that targeted UK based investors and expatriates living in Spain.
The scheme was based on a Panama and Seychelles registered company called Gilher, which was operated by Mr Hirst and invested funds on behalf of private clients who were mainly based in the UK and Spain.
The scheme attracted over £10m of investors' funds with losses thought to be around £6m.
In addition to the conspiracy offence, Mr Pollett is charged with making misleading statements. He has been granted conditional bail