Mountford Chambers delivers a nationwide and international service to clients, who are assured quality advice, advocacy and representation at all levels.
Mountford Chambers delivers a nationwide and international service to clients, who are assured quality advice, advocacy and representation at all levels.
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Joe Hingston acted for Ross Jay and Richard Furlong acted for Michael Freckleton, who were both convicted of conspiracy to defraud at the five-week trial.
The defendants engaged in cold-calling to promote shares in a cryptocurrency named “Telecoin,” allegedly linked to Digi Ex, a company they operated.
Telecoin did not exist, and no efforts were made to invest in the digital world, instead they paid themselves large salaries.
City of London Police reported that a total of £509,599 was deposited into Digi Ex between 2015 and 2017. Of this sum, £409,493 was identified as payments from deceived investors.
Ross Jay was sentenced to six years and three months in prison, while Michael Freckleton was sentenced to six and a half years.
Richard and Joe were instructed by Berkeley Square Solicitors.
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