Fraudster Timothy Schools, 61, who was behind a collapsed £100m investment scheme used to fund his luxury lifestyle and network of 'no fee, no win' law firms, has been sentenced to 14 years in prison at Southwark Crown Court today.

Larry Barreto has pleaded guilty to two counts of carrying on regulated activities without authorisation.

A jury at Southwark Crown Court has today found guilty David Ames, 70, one of the key figures behind the extensive £226m Harlequin fraud which conned many pension investors.

A former financial adviser who used multiple aliases has been jailed for fraud for the second time after pleading guilty to four counts of fraud at Leicester Crown Court.