Four south Essex crooks involved in UK's biggest ever boiler room scam

Echo: Four south Essex crooks involved in UK's biggest ever boiler room scam Four south Essex crooks involved in UK's biggest ever boiler room scam

THREE south Essex people were jailed for a total of more than 15 years after being convicted of being involved in the country’s biggest ever boiler room scam.

Shaun Rumsey, 33, from Basildon, was jailed for five years, Daniel Gooding, 39, sister Emma Farmer, 41, from Oaklands Park, Hutton in Brentwood, received three years.

All had denied one count of conspiracy to defraud.

They were part of the senior management of three Madrid boiler rooms Tresaderns & Partners, Price Stone Group and Anderson McCormack.

Their convictions follow a seven-year probe named Operation Steamroller.

Gooding and Farmer’s mum Michelle Coleman, 62, from the same address pleaded guilty to three counts of money laundering in connection with the huge shares fraud that netted £70million and was sentenced to 21 months imprisonment, suspended for two years.

The total sum she laundered was £252,425 of which £158,000 was kept by her.

Serious Fraud Office investigators said the crooks used the cash to fund lavish lifestyles, including overseas properties, wine collections, luxury yachts and private jet hire.

Read more in tomorrow's Echo.

Comments (2)

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8:13pm Wed 4 Jun 14

supermadmax says...

70mil , 2 years a piece prior to being released on licence. A multimillion pound international operation. IMO its the judges that need hanging or @ the very least electing.
70mil , 2 years a piece prior to being released on licence. A multimillion pound international operation. IMO its the judges that need hanging or @ the very least electing. supermadmax
  • Score: 10

1:50pm Thu 5 Jun 14

EthanEdwards says...

I'm sick of the crooks at EF Wines calling me at home in the evenings. How did they get my unlisted number? Despite being told to go forth they keep ringing back. Typically it goes... Hi It's George...can I speak to etc...could be anyone I know so you answer. Then it's into the sales patter. Irritating crooks in a boiler roonm trying to get you to invest in fine wines. If they exist at all that is. A company run by known chancer Scott Assemakis a banned company director. The Bromley Boiler room boys.
Be aware of them!
I'm sick of the crooks at EF Wines calling me at home in the evenings. How did they get my unlisted number? Despite being told to go forth they keep ringing back. Typically it goes... Hi It's George...can I speak to etc...could be anyone I know so you answer. Then it's into the sales patter. Irritating crooks in a boiler roonm trying to get you to invest in fine wines. If they exist at all that is. A company run by known chancer Scott Assemakis a banned company director. The Bromley Boiler room boys. Be aware of them! EthanEdwards
  • Score: 1

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