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Ponzi scheme pair not guilty of deception

Two businessmen have been cleared of deceiving hundreds of victims out of £115m in Britain's biggest "Ponzi" investment scam.

John Anderson and Kenneth Peacock were found not guilty of recklessly making a misleading, false or deceptive promise.

On Monday, the pair were convicted at Southwark Crown Court of unauthorised regulated activity in a scheme masterminded by Kautilya Nandan Pruthi.

Matt Prodger reports.

Clips courtesy of "Strictly Come Dancing" and "Badger" - BBC One

  • 07 Mar 2012