Jersey links in BBC’s fraud investigation
Monday 18th April 2011, 2:59PM BST.
FORMER Island resident Russell King is the subject of a BBC Panorama programme tonight in which it is alleged he duped banks, governments and football bosses by falsely claiming to have access to trillions of dollars.
And former England football boss Sven Göran-Eriksson tells how he was fooled by Mr King and was present when the former Islander allegedly did a deal with the North Korean regime.
The BBC investigation by former Jersey Evening Post reporter Peter Marshall says that the UK Serious Fraud Office is investigating an alleged fraud in which Mr King managed to take control of a London investment bank without paying a penny for the shares.
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