Mr Lourides, the former Finance Director of popular comedy chain Jongleurs was convicted unanimously by the jury on 28 November 2023 of one count of conspiracy to defraud.
Mr Lourides, along with his former business partner Mark Ablitt, who had pleaded guilty at an earlier hearing, operated a Ponzi scheme, with losses to numerous investors, of £7.9m.
Mr Lourides was sentenced to the maximum of 10 years imprisonment and a director disqualification period of 10 years on 1 December 2023. Confiscation proceedings are ongoing.
Cameron Brown KC specialises in the most serious Fraud, Bribery & Corruption and Company Act cases. He is regularly instructed in such cases by private individuals and major corporate clients and has considerable knowledge and experience of compliance issues, internal investigations, corporate criminal liability and Deferred Prosecution Agreements. He has specialist knowledge of disclosure issues and restraint/ confiscation applications arising in financial crime investigations. Read more: [Cameron Brown KC]
Cameron Brown KC led Ms Haggar from 5BKW in a 13 week trial at Kingston Crown Court.