2002 UK Fraud Investigation
Former business partners including Paul Walsh accused Peter Foster of conning them into investing £150,000 into a company called Renuelle which marketed slimming products. This coincided with the Cheriegate controversy.
Peter Foster accused Paul Walsh of attempting to blackmail him, a charge which Walsh denied. Michael Dudley-Jones also made complaints to police.
Renuelle was also being investigated by the Department of Trade and Industry on the grounds that he was effectively acting as its managing director, despite being barred from holding directorships in the UK for five years in September 2000 as a result of a conviction for using forged documents in an earlier slimming fraud in 1995.
Read more about this topic: Peter Foster
Famous quotes containing the word fraud:
“There exists in a great part of the Northern people a gloomy diffidence in the moral character of the government. On the broaching of this question, as general expression of despondency, of disbelief that any good will accrue from a remonstrance on an act of fraud and robbery, appeared in those men to whom we naturally turn for aid and counsel. Will the American government steal? Will it lie? Will it kill?—We ask triumphantly.”
—Ralph Waldo Emerson (1803–1882)