Was Terry moonlighting in the United Kingdom?

Two Dragon’s Den investors were tucked by a conman, who has now been sentenced to jail:

A Dragons’ Den conman who blew £230,000 invested by Peter Jones and Theo Paphitis on himself instead of his ‘satnav for skiers’ was jailed for two years and eight months today.

Jean-Claude Baumgartner, 50, duped the Dragon’s into handing over the cash with false promises of a successful business backed up by fake emails and letters.

Judge Aidan Marron QC, sitting at Blackfriars Crown Court, said: “The fact remains that you have been responsible for persistent dishonesty. You may well in fact have intended to operate a legitimate business but the means that you chose to establish that business were in my judgement thoroughly dishonest.

“You lied about the ownership of crucial equipment which was pivotal to your pitch on TV. You created a wholly false trail of documents to deceive well intentioned people.

“You have lied so many times about so many features that in my judgement I am entitled to regard that as an aggravating feature.

“It is clear to me that from an early stage you were redirecting monies and indeed appropriating funds for your own purposes, you were responsible for a number of different frauds within that main fraud.”

 


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