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Sep 30, 2022 · David Ames was found guilty on two counts in August. Photograph: SFO/PA. The family enriched themselves by £6.2m through the Harlequin business, enjoying a luxury lifestyle flying to and from the ...
Aug 3, 2022 · The Harlequin companies were family businesses, employing at certain times both David Ames’ wife and his son, who was paid £10,000 per month. Chairman of Harlequin. Ames had been temporarily barred from serving as a company director due to a previous bankruptcy and therefore styled himself as the “Chairman of Harlequin”.
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Ames sold to a large number of people with Self-Invested Personal Pensions (“SIPPs”) before regulations were tightened in 2012, many of them elderly with little investing experience. The SFO presented the court with victim statements, detailing the personal impact suffered by these investors. Countless investors were forced to delay their retiremen...
The SFO advocated that a lengthy prison sentence be given to Mr Ames. Not only did Ames cause financial and long-term harm to thousands of victims, but his offending was aggravated by a failure to respond to at least eight warnings about the Harlequin businesses from business associates, financial professionals and authorities. Ames was also found ...
The Serious Fraud Office fights complex financial crime to deliver justice and protect the UK’s reputation as a safe place to do business. We investigate and prosecute the most serious or complex c...Ames was convicted on 3 August 2022 of two counts of fraud by abuse of position.In addition to the 12 year prison sentence, Ames was also disqualified as a company director for 15 years.For further information on the Harlequin Group case, please see our case page and latest press release.Email: news@sfo.gov.ukPhone: +44 (0)7557 009842Aug 3, 2022 · The Harlequin companies were family businesses, employing at certain times both David Ames’ wife and his son, who was paid £10,000 per month. Chairman of Harlequin
May 25, 2022 · David Ames, 70, is accused of three counts of fraud by abuse of position as the company director of Harlequin Management Services South East Limited. The former boss allegedly encouraged investors ...
Oct 3, 2022 · David Ames, the Harlequin boss behind a £226mn fraud affecting thousands of British victims, has been sentenced to 12 years in prison. The sentencing took place on Friday (September 30) at ...
Apr 20, 2015 · Harlequin Group Summary. On 17 February 2017, the SFO charged David Ames, chairman of the Harlequin Group of companies, with three counts of Fraud by Abuse of Position, contrary to sections 1 and 4 of the Fraud Act 2006. The charges were brought in relation to activity which occurred between January 2010 and June 2015.
