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Evening Standard

World

Barney Davis

City traders sentenced for ‘bogus Ecuadorian gold mine’ investment

Gold Ecuador David Williams John Andrews

City traders claiming to have exclusive rights to an Ecuadorian gold mine have been sentenced after duping hundreds of people out of nearly £5.5million.

Mastermind Stephen Todd, 40, claimed to work for a company called IPR Capital Ltd, which employed broker companies as sales agents to sell shares in relation to a gold mine in Ecuador.

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Wallace very gingerly climbed out of his destroyed No. 23 Toyota, but thankfully walked away under his own power

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One subscription that gives you access to news from hundreds of sites

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