£10m ponzi fraud: Court of Appeal decision in R v Hirst, Pollett & Hirst

In August 2012, John Hirst and Richard Pollett were sentenced for conspiracy to defraud having operated a £10m investment fraud from the Spanish island of Majorca. John Hirst’s wife, Linda, was convicted of money laundering and dishonestly evading a liability. On 26 March 2013, the Court of Appeal upheld the sentences of John and Linda Hirst (10 years and 2.5 years respectively), and reduced Richard Pollett’s sentence by 6 months (to 6 years).

Rachel Barnes prosecuted, instructed by the Serious Fraud Office.

26th March 2013