The Forex fraudster Alex Hope has been handed a seven year sentence for cheating investors out of more than £5m. Hope, who became famous for his extravagant lifestyle and celebrity acquaintances - was sentenced today at Southwark Crown Court, where the judge highlighted the sophistication of the measures he used to convince more than 100 investors he was genuine. The 25-year-old trader was convicted earlier this month for fraud and operating a collective investment scheme without authorisation. The scheme was closed down by the FCA in April 2012. The scam, which has been likened to a Ponzi scheme, offered clients ... (full story)