David Beckham’s ex-brother-in-law faces jail for using links to footie star to scam OAPs out of £800k
DAVID Beckham’s ex-brother-in-law is facing jail for using the footie superstar’s name to fleece investors out of nearly £1million.
Shameless Darren Flood, 39 – once married to Posh’s sister Louise – was found guilty of tricking wealthy pensioners into making “worthless” mining investments.
Among the potential targets discussed was the dad of Beckham’s former Three Lions teammate Joe Cole.
Kingston Crown Court heard how staff “made great play” out of Flood’s links to the ex-England skipper.
He was tasked with persuading high net-worth investors to pay over 200 times the odds for minerals supposedly used by tech companies.
Prosecutor Stephen Shay fumed: “There is no resale market for rare earth elements in this format or quantity. Manufacturers buy directly from suppliers by the ton.
“They would never seek to purchase a few kilograms from a private individual.”
One investor, Peter Harris, said he was cold-called by a man using the name Paul Roberts, who used the Beckham connection to fleece him out of £100,000.
Another, Mavis Wright, was wined and dined by salesman Paul Muldoon, 34, who persuaded him to part with £41,000.
Flood served as a director for TCL, while Gennaro Fiorentino, 38, was described as the Principle and Jonathan Docker, 32, was a sales floor manager.
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Flood, Docker, Fiorentino, along with Mark Whitehead, 59, and Vikki King, 39, were convicted by a jury of fraud by false representation.
Muldoon admitted fraud by false representation at an earlier hearing. Stephen Todd, 37, admitted fraud by false representation.
The two-day sentencing hearing continues.
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