Wednesday, 13 April 2011

Liverpool’s £4.4m property fraudster Ken Metcalf jailed for four years and eight months - Liverpool Local News - News - Liverpool Echo

Liverpool’s £4.4m property fraudster Ken Metcalf jailed for four years and eight months - Liverpool Local News - News - Liverpool Echo

A FRAUDSTER who lived a millionaire lifestyle by ripping off dozens of property investors was jailed.

For more than two years Ken Metcalf, 53, ran a string of companies under the Tailormade banner which he claimed would give a 50% return on profits by building and selling on various construction projects.


But a court heard it was all lies designed to support an “exuberant lifestyle” and shore up failing businesses.

Recorder of Liverpool Judge Henry Globe QC told Liverpool Crown Court that Metcalf, of Cornerhouse Country Cottages, Wrexham, impressed investors and staff alike by buying expensive cars, watches and a £1m mansion in Poulton, Cheshire.

He said: “You started to give advice on investment opportunities in 2005. You became confident in your own abilities.

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