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William Godley
Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 11/22/2010 12:19:53 AM

By: Colin Barr

Did William Godley of Imperial Consolidated eventually get sent to jail?


Anonymous
Posted: Saturday, August 13, 2011

Posted: 11/22/2010 6:59:46 AM

By: David Marchant

He was sentenced to three and a half years in prison (a typical, pitifully-light sentence handed down by the UK's judicial system).

See story at http://www.dailymail.co.uk/news/article-1300577/Britains-Madoff-William-Godley-jailed-150m-Ponzi-scheme.html, where Godley is inexplicably described as 'Britain's Bernie Madoff' even though there are virtually no similarities at all, except that they were both involved in fraud.

Imagine that, a 42-month sentence for a $400 million-odd fraud. No doubt he'll serve much less than that.

The SFO, the judge and Britain's ridiculous laws (e.g. jury cannot hear that one person has pleaded guilty to conspiracy and he does not testify against the others) have made their usual mess of the Imperial Consolidated crime. Many millions of pounds of taxpayers' money has been squandered on incompetence and an inherently silly system that, when all is said and done, achieved remarkably little in terms of dispensing justice. Very third world.


 

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