There's been a few tribunal reports on here recently but forum users who still have the appetite for more may find
this one, on Greystoke and the boiler rooms, is quite a read.
(I'd also forgotten that Greystoke was
involved in the fabulously
convoluted and for that matter fantastically fraudulent 2009 Notts County takeover, of which the passage below is a summary.)
one of the most bizarre episodes of foreign investment in North Korea’s mineral sector dubbed by the media as “the trillion dollar con.” In that case, a Jersey-based convicted fraudster named Russell King reportedly engineered the takeover of a British investment bank called First London by claiming to manage the assets of deep-pocketed Middle Eastern royalty. Kevin Leech and several of his close associates became shareholders and directors of the bank and a letter of guarantee from First London helped King and his associates persuade the owners of Notts County FC, a professional English soccer team, to hand the team over for only £1. In order to recruit renowned coach Sven-Goren Eriksson, Notts County offered him millions of dollars worthof shares in Swiss Commodity Holding, a Kevin Leech-led company that claimed to possess lucrative mineral rights in North Korea. King, Eriksson and others linked to Notts County even travelled to North Korea together. When the deals were exposed as a ruse in 2010, First London imploded, Notts County fell into enormous debt and Swiss Commodity Holding’s North Korean mineral deals were cancelled by the NDIC.