British man charged with operating £10m Ponzi scheme
John Hirst charged with conspiracy to defraud and money laundering. SFO claims he ran Ponzi scheme targeting expats in Mallorca
UK businessman John Hirst has been charged by the UK Serious Fraud Office (SFO) in connection with operating a Ponzi investment scheme. The scheme allegedly targeted the British expatriate community in Mallorca, and investors in the US and France. Hirst is alleged to have run the scheme out of Mallorca, where he was a well-known member of the expatriate community. The scheme, involving an
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