Geneal NEWS

£15m scam: Ex-EPL player sent to jail for hoaxing into using Rio Ferdinand’s name

Former Premier League defender Richard Rufus has been sent to prison after being found guilty of a £15m trade fraud.

Rufus, who spent his senior career in Charlton, defrauded his family and friends into giving him money while claiming to be a successful foreign exchange trader and promising returns of up to 60% annually.

The 48-year-old boasted of making “huge amounts of money” and pretended that a celebrity such as Manchester United legend Rio Ferdinand was already on board to lure his victims into investing in what he convinced them was a “low-risk” scheme.

It is understood that Rufus used £7m of the total £15m to pay off investors in the pyramid scheme while spending around £2m on himself.

Rufus, who retired as a professional footballer in 2004, was found guilty after a trial at Southwark Crown Court last December of fraud, money laundering and organized activity without permission.

However, at the hearing today (Thursday), Rufus has been jailed for seven and a half years.

Judge Dafna Spiro, who sentenced him today, told Rufus: “The victims of this fraud are haunted by your actions.

“The people who invested did it in good faith, they took your word for it because they thought you were the real deal. You were stealing from Peter to pay Paul. You were living a lie at the expense of others.”

£15m scam: Ex-EPL player sent to jail for hoaxing into using Rio Ferdinand’s name

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button