Jonathan Allard sentenced for Zurich Private Capital investment fraud

Jonathan Allard, the so called “Lord of Fraud”, was sentenced at Southwark Crown Court for playing a leading role in a £3.7 million investment fraud linked to Zurich Private Capital (ZPC). Large numbers of victims had had been tricked into investing their savings in ZPC as Allard spent the proceeds on luxury goods, sports cars and foreign travel.

Allard, who had registered foreign companies and bank accounts in order to sustain the fraud, was sentenced to 7 years and 2 months custody on 22 May 2023.  After the hearing, the Metropolitan Police Service explained: “Allard masterminded a sophisticated and convincing investment fraud to take advantage of vulnerable victims on a large scale.”

John Greany was instructed by the Specialist Fraud Division of the CPS.

You can read further on the case here and via the CPS here.

25th May 2023