Saturday, April 5, 2014

Ketan Somaia $23m fraud trial opens in London

LONDON, Apr 5 – Businessman Ketan Somaia, whose interests once included banks and luxury hotels, was described as a “confidence trickster on a grand scale” in a $23m fraud trial. Opening the trial on Friday, the prosecution claimed Somaia had seduced three victims into making huge unsecured loans by persuading them that he was a […]

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