{"id":26803,"date":"2023-11-03T09:38:52","date_gmt":"2023-11-03T09:38:52","guid":{"rendered":"https:\/\/cahootie.com\/?p=26803"},"modified":"2023-11-03T09:38:52","modified_gmt":"2023-11-03T09:38:52","slug":"who-wants-to-be-a-millionaire-worst-contestant-conned-family-in-4-5m-scam","status":"publish","type":"post","link":"https:\/\/cahootie.com\/world-news\/who-wants-to-be-a-millionaire-worst-contestant-conned-family-in-4-5m-scam\/","title":{"rendered":"Who Wants To Be a Millionaire? worst contestant conned family in \u00a34.5m scam"},"content":{"rendered":"
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    A bloke who was the worst ever contestant on Who Wants To Be A Millionaire? has been jailed for six-and-a-half years for a huge \u00a34.5million fraud scam<\/p>\n

    Jeff Arundell, 75, who appeared on the show in 2000, was found guilty of several counts of fraud and money laundering this week, after stealing millions from his own family and friends. The most shocking find was that he used his power of attorney to take \u00a3260,000 from his own dead mother, bought a Bentley car and went on a betting spree with it.<\/p>\n

    Arundell, of Lansdown, Bath, also invited friends to invest \u00a3100,000 in what he claimed was a guaranteed money making investment in a pharmaceutical company \u2013 and would personally guarantee their stake of the money. But in 2016, his scheme unraveled when he placed the money on spread betting and within weeks told the victims he had lost their cash and did jot have the funds to repay them as promised \u2013 but it later emerged that he did make some winnings from the bets he placed.<\/p>\n

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    Avon and Somerset Police said from his winnings he continued to trade and place further bets which in turn attributed to the \u00a34.6 million windfall he accumulated by August 2017. Dr Kirstie Cogram, manager of the serious and organised crime investigation team, said: "Arundell portrayed himself as an experienced trader in the financial markets. He seemingly thought little of defrauding his own family by taking cash from his elderly mother, nor using money from a friend and their family to bankroll his spread betting efforts. His actions were deplorable.\u201d<\/p>\n

    He was convicted of three counts of fraud by false representation and one of money laundering at Bristol Crown Court in relation to \u00a386,000 of money he received from his friend and their family. He was also convicted of fraud by abuse of position in relation to his later mother's finances, and will face a Proceeds of Crime Act hearing to recoup money he gained from his crimes.<\/p>\n

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