19 YEAR OLD FRAUDSTER TURNED £2,000 TO £21MILLION

A TEEN fraudster who fleeced investors with bogus claims he had turned £2,000 into £21million was ordered to pay back
just £26,000.
Sam Cook, 19, who drove a fake Ferrari fashioned from a converted Ford, boasted to investors that he had made his fortune playing the stock market.
But the claims were a tissue of lies and in reality the grifter had conned more than £100,000 from unsuspecting financial backers.

Cook portrayed a lavish millionaire lifestyle, which was exposed as a scam when his supercar was found to be a converted Ford Cougar.
Fleeced investigators found that he only had assets of £26,516 - despite conning them out of more than four times that amount - when he was jailed for 26 months last July.
He had spent the rest of the money on plush holidays.
The Ford Cougar has now been destroyed after being written off in a crash involving his dad.
Prosecuting, during a Proceeds of Crime Act hearing at Plymouth Crown Court, Jason Beal said: "He led a very lavish lifestyle and wasted their money on himself.
"By the end, there was nothing left."
Cook admitted six counts of fraud last year, but the case was brought back to court for an application to seize his ill-gotten gains.
His assets had been identified as £26,516 - cash which had already been seized.
Recorder Robert Linford made a formal confiscation order and it was decided that the money would be divided between the victims of Cook’s ruse.
Plymouth Crown Court heard last year that police were called after an article in a local newspaper reported Cook's fabricated financial success.
The conman was seen posing next to what he claimed to be a £165,000 Ferrari F430 Scuderia.
But experts identified that underneath the sleek bodywork was a 2001 Ford Cougar.
The old banger had been transformed into a supposed supercar by Birmingham-based DNA Automotive.
Cook also kept up the pretence by living in a plush pad in the posh Plymouth neighbourhood, Royal William Yard.
Detective Sergeant Dan Parkinson tracked down six people who had handed their life savings to Cook, hoping to make their fortune on the stock market.

All investors were friends or work associates of Cook's parents.
One victim handed over £9,000 while another believed he was safely investing a £35,000 nest egg, which was meant to pay off his mortgage.
Once in custody, crooked Cook admitted he had simply pocketed the money and did not have a legitimate financial business.
Money was squandered on expensive overseas holidays, the court heard.
The fraudster ended up living near Okehampton, Devon.
The court heard an £18,000 insurance claim was submitted after the fake Ferrari was written off and police also seized other items, such as antiques and electrical goods.