Conman admits fraud role

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A CONMAN has admitted being involved in a £4.5m boiler room fraud which tricked hundreds of people including a man from Ilkeston who first brought it to the police’s attention.

Paul Slack pleaded guilty at Derby Crown Court on Thursday, June 9, to conspiracy to defraud and conspiracy to conceal criminal property.

The case first came to light in March 2009 when the Ilkestson victim contacted Derbyshire police as he suspected he had been conned.

A complex investigation revealed 210 victims in 43 countries, including parts of Europe, America and the Far East. Four of the victims were from Derbyshire.

Derbyshire officers arrested the 32-year-old, who had been living in Thailand, when he landed at Heathrow Airport in December 2010.

Slack will be sentenced next month but Derbyshire police are still investigating the fraud and are pursuing other offenders.