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Daily Mirror
Daily Mirror
National
James Mulholland & Benedict Tetzlaff-Deas

Businessman who made £13million from life of crime ordered to pay back just £815

A businessman who made £13million in a huge fraud operation has been ordered to pay back just over £800 to prosecutors.

Alistair Greig, 69, funded a lavish lifestyle by masterminding a Ponzi scheme which convinced dozens of individuals to place their funds in "guaranteed" high interest accounts through his supposed connections with a major bank.

But such an arrangement with the bank did not in fact exist, and jurors found that Greig pocketed more than £13million of cash in the scam.

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