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Charles Stanley broker jailed over £1.2m Ponzi scheme

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A Charles Stanley broker who duped friends out of £1.2m in a Ponzi scheme when he got “out of his depth” was jailed for six years on Friday. Stephen Greig, 73, persuaded victims to hand over sums of up to £500,000 for fictional investments, supposedly offering a 7.5 per cent…

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Click here to read the full story: FT Adviser

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