NEWS

This UK Gang Managed To Spend £7million Worth Of Monopoly Money

That takes a serious amount of balls.

A gang of con-men who used Monopoly money to trick jewellery dealers in a £7m scam have been sent straight to jail this week.

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The crew would sandwich actual Monopoly money between real euro notes in piles of money, and on other occasions would cover the words ‘Monopoly’ and ‘facsimile’ with paper bands used to hold the bundles together.

The fake cash which was used in the 'Monopoly money' fraud case which has been heard at Bristol Crown Court. See SWNS story SWFAKE; Five people, including four from the same family, have been jailed for their parts in fraud, theft and money laundering offences. øThis follows an investigation into organised frauds, including an elaborate fraud in Bristol, where a jeweller lost £420,000 worth of diamonds, diamond rings and watches, another in London where a jeweller was defrauded to the value of øÄ7.7million, a £250,000 theft in Wiltshire and a £200,000 theft in Leeds. øBristol Crown Court heard that in the Bristol fraud a jeweller from South Wales met members of the group at the Marriott Hotel, Lower Castle Street in August 2014. øThe offenders paid the jeweller a bankerís draft for the diamonds and apparently genuine Euros for the watches. After a problem was discovered with the bankerís draft, it was agreed he would be given Euros as security to cover the value of the draft, until it was corrected the next day.

The fake cash which was used in the 'Monopoly money' fraud case which has been heard at Bristol Crown Court. See SWNS story SWFAKE; Five people, including four from the same family, have been jailed for their parts in fraud, theft and money laundering offences. øThis follows an investigation into organised frauds, including an elaborate fraud in Bristol, where a jeweller lost £420,000 worth of diamonds, diamond rings and watches, another in London where a jeweller was defrauded to the value of øÄ7.7million, a £250,000 theft in Wiltshire and a £200,000 theft in Leeds. øBristol Crown Court heard that in the Bristol fraud a jeweller from South Wales met members of the group at the Marriott Hotel, Lower Castle Street in August 2014. øThe offenders paid the jeweller a bankerís draft for the diamonds and apparently genuine Euros for the watches. After a problem was discovered with the bankerís draft, it was agreed he would be given Euros as security to cover the value of the draft, until it was corrected the next day.

Judge Julian Lambert told the gang at Bristol Crown court:

The fraud operated required you men to establish confidence in your victims so it was thought you could be trusted. You operated as a crime group, using reconnaissance and meticulous planning. It required considerable ingenuity and effort to establish dishonest ends.

Their biggest swindle was at the expense of jeweller John Calleija, who had a shop in the Royal Arcade in Old Bond Street, London. They defrauded him of £6.1 million using the toy cash.

They also pulled off similar scams in Bristol, Wiltshire and Leeds.

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When I first saw this headline I thought they meant ‘Monopoly money’ as in counterfeit money, but nope – these guys used actual Monopoly money mixed with real money and managed to defraud people for £7 million. That takes a serious amount of balls to even attempt. Imagine buying millions of pounds worth of items from a high-end jeweller and having the gall to pay them with shiny fake multi-coloured Monopoly money? Madness.

Shame there’s no such thing as a ‘Get Out of Jail Free’ card in real life. Well, unless you’re this guy.

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