From Zero Hedge: Superstar FX Trader Whiz-kid Nothing But A Superspending Ponzi Fraud
Alex Hope, 25, told investors he could make them a fortune from foreign exchange trades. But the ‘City high-flier’ … used the cash from investors as his ‘personal piggy-bank’, spending £125,000 on a single bottle of champagne – a Nebuchadnezzar, which holds 15 litres – Southwark Crown Court heard.
He repaid them using cash from new investors in the fraudulent Forex scheme.
Anyone else not even mildy surprised?