A 57 years old british millionaire, James McCormick is the conman who is sent to jail today for 10 years. He allegedly mad £50 million from the sale of fake bomb detectors. Most of his ineffective bomb detectors were sold to Iraq up to a maximum of £27,000 each. He has made more than £38m only from Iraq.
James McCormick is a millionaire british businessman from Langport, Somerset. He has been found guilty today by Old Bailey Judge Richard Hone. Judge has sent him to jail for a maximum term of 10 years in fraud case of selling fake bomb detectors.
Judge Hone stated that McCormick did a worst fraud by calling it "callous confidence trick". He has blood of many soldiers on innocent people on his hands. McCormick was living a luxurious life in Torquay Marina. He was arrested in April in three cases of fraud.
Richard Hone also told him: 'I am wholly satisfied that your fraudulent conduct in selling so many useless devices for simply enormous profit promoted a false sense of security and in all probability materially contributed to causing death and injury to innocent individuals.'
ADE-651 is the fake device that are still in use at some places. The model of this device is based on a famous golf ball finder.
While announcing his sentence, Judge Richard Hone said: "You are the driving force and sole director behind. The device was useless, the profit outrageous, and your culpability as a fraudster has to be considered to be of the highest order."
McCormick life taking fraud is "promoted a false sense of security" and also injured many innocent people, the judge said. Hone also describes his profits as "outrageous" as reported in BBC.
Saudi Arabia, Niger, Romania, Thailand and Georgia are the countries where these fake bomb detecting devices were also sold.