London

Woman sentenced over deposit linked London Ponzi scheme

A woman from north-west London has been sentenced for unauthorised deposit taking linked to a £10m Ponzi fraud which targeted London communities.

Samantha Koralage, 38, of Elvin Court, Kingsbury, had earlier pleaded guilty to unauthorised deposit taking at Southwark Crown Court.

She was given a nine-month jail sentence suspended for two years.

A Metropolitan Police inquiry began in 2005 after victims reported being duped out of large sums of money.

Ponzi schemes offer investors high returns over a short period of time.

The ringleader of the gang, Vibhawa Fonseka, a Sri Lankan from a well-known family, targeted members of his own community.

Fonseka, 41, of Spring Grove Crescent, Hounslow, west London, is serving an eight-year sentence after being convicted of money laundering, 30 counts of deception and unauthorised deposit taking.

Four others have previously been sentenced over the scam.

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