Judge sends down Gangar and White

Accountants Shinder Gangar and Alan White, earlier found guilty of defrauding
victims of $200m, have now been sentenced to seven years in prison for
conspiracy to defraud and for conspiracy to corrupt.

The former partners of Dobb White & Co were sentenced in the Sheffield
Crown Court by Mr Justice Langstaff, who said described the fraud as ‘deeply
corrosive’ in that ‘the defendants obtained money from victims, that many of the
victims could ill afford to part with, for instance money set aside for
retirement funds.’ He also said that the ‘fraud was sophisticated as the
defendants effectively ran a bank in the Caribbean as part of their fraud,’ and
added that ‘the defendants covered their gains by subterfuge by placing
ownershipof their homes in the hands of nominees.’

Gangar was described as having ‘great ability and personal charm’ and that
‘he was aware from the mid-1990s that such investment schemes did not exist,’ he
was a ‘plausible, effective salesman and advocate,’ that ‘it was a
disappointment how he had ‘chosen to use his talents.’

Of his co-defendant White the judge said ‘he was instinctively more careful
and should’ve stopped the scheme,’ that ‘whereas Gangar was the salesman, White
was the accountant and back room boy.’

SFO lawyer Kwadjo Adjepong said the case was ‘challenging and complex’ in its

‘It took careful and meticulous investigation. Hundreds of witnesses had to
be interviewed and evidence was obtained from over ten overseas jurisdictions.
This outcome demonstrates the effective combination of the expertise of SFO
lawyers, investigators and Leicestershire Police. It is a significant step in
assisting the victims of this fraud to obtain justice,’ said Adjepong

Further reading:

Celebrity scam duo to appeal fraud conviction

Gangar and White found guilty in celebrity fraud case

Fraud pair found guilty over celebrity investment

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