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Evening Standard

World

Tristan Kirk

Conman who swindled investors out of £226m for celebrity-backed Caribbean resorts is jailed

David Ames Walter Mitty Luxury

David Ames
(Picture: PA)

A former double-glazing salesman dubbed a “Walter Mitty figure” who duped more than 8,000 people into investing in luxury Caribbean holiday resorts in a £226 million Ponzi scheme has been jailed for 12 years.

David Ames, 70, enriched himself and his family to the tune of £6.1 million, paying his wife and son £10,000 a month, while thousands of victims lost their pensions and life savings.

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