Conman gets eight years for defrauding Allseas

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The bizarre case of the conman, Allseas and a Vatican-linked investment platform has finally come to a conclusion. The accused, previously a car salesman, was jailed for eight years. Part of a team of fraudsters, Paul Sultana had persuaded Allseas management to invest in a fictitious scheme, which cost the company some £88m. Allseas has persisted in the case, and this is the second conman to receive a jail term, reports Splash24/7.