F1 rising star’s mum jailed for €8.5m fraud
Racer Alex joins F1 THE mum of the British Formula One driver tipped as the next Lewis Hamilton is a fraudster – jailed for a €8.5million car scam.
Race ace Alex Albon’s mother Kankamol, 47, got six years for swindling cash through a luxury motors pyramid scheme.
She sold Ferraris, Bentleys Bugattis and Rollsroyces at discounted rates to investors with the promise of selling them on again for quick profits.
But most customers never got theirs – and one car was sold to two different people.
Jailing her at Ipswich Crown Court in 2012, Judge Rupert Overbury called it a “massive, greeddriven fraud. You persistently defrauded investors. The majority never saw a car.” Liam Payne