EuropeFinance and Insurance

Conman who persuaded Allseas to hand over $105m jailed for 14 years

The conman who nabbed $105m in an elaborate fraud against shipping firm Allseas was jailed for 14 years at a court in the UK.

Luis Nobre, 49, told senior management at the Dutch line he could get returns of 1,200% a year by using a secret trading platform controlled by the Pope.

Other members of the conmen gang including its leader Marek Rejniak are on the run.

Tags

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Back to top button
Close
Close