Footballer who conned victims out of £30,000 in cryptocurrency scam squandered cash on designer clothes and in casinos
manchestereveningnews.co.ukA former footballer who conned his victims out of more than £30,000 in a cryptocurrency scam has narrowly avoided jail. Louis Myers, 26, promised his investors that they would make profits as part of the ‘get rich quick scheme’.
But instead, he simply kept the money in his bank account and splashed out ‘considerable’ sums on expensive designer clothes, and frittered it away in nightclubs and casinos.
He defrauded five people, with one losing £15,000 and another £10,000, Manchester Crown Court heard. Myers, who played for sides including FC United of Manchester and Radcliffe Borough, avoided being sent to prison after a judge was told that his incarceration would lead to the loss of 10 jobs at the company which he is a director of. READ MORE: 'Boxer' who punched dad in town centre brawl found NOT GUILTY of his manslaughter The man who lost £15,000 said he couldn’t sleep or eat after learning his money had gone.
He said: “I was embarrassed and ashamed I could be so stupid for falling for such a scam.” The five victims have not got their money back, and Myers now faces an investigation under the Proceeds of Crime Act.
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