British Ponzi Victim Payouts Lost on Fish, Ferraris

The Guardian – Police searched Kevin Foster’s home in 2004, looking for signs of a criminal lifestyle — fast cars or piles of cash. What they found, at the end of a narrow country lane in rural England, was a private zoo complete with miniature railway.

Foster was convicted and jailed in 2010 for running a 34 million-pound ($55 million) Ponzi scheme, using money from new investors to pay off old ones. Two years later his victims, who haven’t been paid back, are left wondering where the money went.

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