Fraudster millionaire jailed for selling fake bomb detectors

A British millionaire businessman, who made an “outrageous” 50 million pounds from sales of over 7,000 fake bomb detectors to countries, including Iraq and Saudi Arabia, was jailed for 10 years today. James McCormick, 57, perpetrated a “callous confidence trick”, said the Old Bailey judge. The fraud “promoted a false sense of security” and contributed to death and injury, the judge said. He also described the profit as “outrageous”. Police earlier said the ADE-651 devices, modelled on a novelty golf ball finder, are still in use at some checkpoints. Sentencing McCormick, Judge Richard Hone said: “You are the driving force and sole director behind [the fraud].” “The device was useless, the profit outrageous, and your culpability as a fraudster has to be considered to be of the highest order,” the BBC quoted the judge as saying.

http://www.business-standard.com/article/pti-stories/fraudster-millionaire-jailed-for-selling-fake-bomb-detectors-113050200874_1.html