Football scam penalty Players caught in £30M swindle must pay back dividends’
AN investment scam in which footballers lost fortunes is hitting new victims as lawyers start clawing back any profits made.
Up to 100 players were among 300 punters who lost a total of £30million after being lured by the promise of a huge 20 per cent-a-month return.
The Ponzi scheme, set up by former Wolves, Coventry and MK Dons midfielder Michael McIndoe,, crashed with huge debts in 2012.
Former Spurs striker Robbie Keane, Hull midfielder r Jimmy Bullard and Aston Villa winger Gabby Agbonlahor are among ong those understood to have lost st out. But people lucky enoughg to join the scheme at the start ma make some money – and it is these i innocent investors who are now be being pressured to hand back any div dividends they were paid. Dem Demand letters are being sent out b by lawyers acting for credito tors after Scots born McIndoe w was made bankrupt with PRINCE Charles sizes up a sword yesterday before holding it aloft and joining in a folk dance.
And to show how the modern world is encroaching on the old in Oman, in the Persian Gulf, a fellow would-be dancer had his iPhone tucked into his belt beside his traditional sword.
Camilla sheltered from the heat under a brolly as Charles waved a 3ft £3million debts. One former player is expected to be hit for £1.6million.
A source revealed: “They are being given just 14 days to return the money. People have already been stung by this scam and now even more are.”
Police investigating McIndoe, 36, believe he is in the South of France. blade and moved in time to the music outside the Sultan’s Palace in Muscat on the second day of their tour.
Camilla later met children at a cancer association’s hostel.
The royal couple will move on to the United Arab Emirates and Bahrain on the tour, which aims to promote wildlife conservation.
It is not known if Charles rounded off his participation in the folk dance with any cutting wit to rival his dad.