Former Premier League defender Richard Rufus has been jailed for seven-and-a-half years
The ex-Charlton manRufus has been sentenced to more than seven years in prisonRufus, who made 288 appearances for the Addicks between 1993 and 2004, duped friends and family members into handing over their money, boasting of making ‘colossal sums’ and promising returns of up to 60 per cent a year.
The 47-year-old claimed to be a successful foreign exchange trader headhunted by some of the UK’s largest financial organisations, including Morgan Stanley, Coutts Bank and Barclays. He also told investors current and ex-footballers, including former England and Manchester United defender Rio Ferdinand, were already on board.Prosecutors said he lost money ‘hand over fist’, using some of the funds to pay back investors in a ‘pyramid scheme’.
But he appeared ‘able to maintain a lifestyle of a footballer’ long after he was forced into retirement in 2004 because of a knee injury Rufus denied claiming the investment was low risk or that he used any of the money taken for personal gain.
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