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.
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07 Mar 2012