Carousel fraudster gets six years
Telecoms specialist sent down in scam that cost the UK £60m
A businessman and telecoms specialist was sentenced to six years in jail on
Friday after pleading guilty to a £60m missing trader fraud scam.
Mark Selby, 39, made £2m from the plan, which cost the UK about £60m as a
whole, the FT reported.
Mr Justice Burnton, sentencing, said: ‘Although you were not the main player
or the instigator, you knew what the purpose of these transactions was… The role
you played was an essential role – there had to be an importer.’