Four men who scammed brothers out of £6.5m on property deal are given prison sentence
Nick and Christian Candy were scammed out of £6.5m by four men now all over 60 years old.
The men forged paperwork to pretend they owned a 47-acre site in Berkshire which the Candy brothers paid £6.5m for in 2004.
The four men were sentenced to up to six years in prison last week at Reading crown court for their “white collar” fraud after it emerged the King's Beeches site was in fact owned by a billionaire Saudi sheik who was completely unaware of the sale.
The Land Registry, which didn't spot the forged documents and allowed the sale to go ahead, is now paying it's biggest ever compensation payment of £8m to the Candies and HBOS.