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Briton jailed after using Sheikh Mohammed’s name to con investors

Briton jailed after using Sheikh Mohammed’s name to con investors

The Basildon Crown Court in Essex has sentenced a British man to two years in jail after he forged...

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July 6, 2009 3:04 by



The Basildon Crown Court in Essex has sentenced a British man to two years in jail after he forged a letter from Sheikh Mohammed bin Rashid Al Maktoum, Dubai’s ruler, and conned investors, Arabian Business reports, citing an article in Essex-based daily The Echo.

Don Ladell, a 25-year-old boat builder, forged a letter from Sheikh Mohammed claiming the ruler will invest GBP75 million ($121 million) in a marina development in Southend, Essex. Ladell used the letter to convince investors of the project’s profitability.

He admitted five counts of fraud, totaling GBP190,000 ($307,000).

Judge Rupert Overbury said: “Your fraud was only successful because you developed a skill as a conman.”




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