Man charged with a multi-million pound fraud

27/03/2012

A 48 year-old man is due to appear before Birmingham Magistrates’ court on Wednesday 28 March 2012, in connection to an alleged multi million pound fraud.

Jayne Salt, Head of the West Midlands Crown Prosecution Service Complex Casework Unit said:

"I have authorised West Mercia Police to charge David Griffiths with 18 counts of procuring the execution of a valuable security under the Theft Act and 16 counts of fraud by false representation under the Fraud Act, offences which were committed between 2004 and 2008.

"These charges relate to an alleged £13.5million fraud where investors were induced to invest monies on the basis of false representation in companies concerned in making television programmes which would later go into administration with very little or no return to any of the investors.

"This decision was taken in accordance with the Code for Crown Prosecutors. After careful consideration of all the evidence, I am satisfied there is sufficient evidence for a realistic prospect of conviction and it is in the public interest to prosecute this case.

"The defendant will be appearing before Birmingham Magistrates' court on Wednesday 28 March for a first hearing."