Fraudster arrested at London airport as £340k of jewellery and Lamborghini seized after £4 million scam | #ukscams | #datingscams | #european

A serial fraudster who scammed more than 40 victims to fund his luxury lifestyle and Lamborghini Aventador has been jailed. Jonathan Allard, 39, played a key role in the £4 million investment scam before he was arrested at a London airport in November 2016 following an investigation.

Detectives from the Met’s Specialist Economic Crime Team searched his West London home and seized items including 13 luxury watches and jewellery worth in the region of £340,000. They also discovered instructions to investment sales staff and draft correspondence to be sent out to victims of the scam.

The investigation began in 2016 with officers conducting enquiries in Hong Kong and Dubai, with numerous victims contacted along with hours of work analysing bank accounts and following the money trail.

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Allard lived in a huge house in Knightsbridge, kept a Lamborghini and £340k worth of jewellery (Image: Met Police)

Many of the 43 victims had been promised investment returns in the region of 9-12% in an extremely complicated scam involving an official business being set up in Canary Wharf called Zurich Private Capital (ZPC).

They offered attractive returns in commodities which included oil and soya beans with victims persuaded to invest through cold-calling and by other sophisticated marketing material. Some victims felt they were pushed into investing while others felt reassured by the apparent legitimacy of the company.

Many were told to keep their money invested for a minimum of three years to ensure the best possible return. However, some victims became suspicious when they attempted to withdraw their money, with many having their emails and phone calls ignored. Several have lost a substantial amount of money, ranging from £10,000 to hundreds of thousands of pounds.

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