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.
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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.
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Saudi Arabia, Niger, Romania, Thailand and Georgia are the countries where these fake bomb detecting devices were also sold.