{"id":87564,"date":"2026-09-03T18:18:50","date_gmt":"2026-09-03T18:18:50","guid":{"rendered":"https:\/\/www.europesays.com\/videos\/87564\/"},"modified":"2026-09-03T18:18:50","modified_gmt":"2026-09-03T18:18:50","slug":"how-scammers-stole-70m-from-pensioners-to-spend-on-luxury-cars-boats-and-houses","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/videos\/87564\/","title":{"rendered":"How scammers stole \u00a370m from pensioners to spend on luxury cars, boats and houses"},"content":{"rendered":"<p><iframe loading=\"lazy\" title = \"How scammers stole \u00a370m from pensioners to spend on luxury cars, boats and houses\"   width=\"580\" height=\"385\" src=\"https:\/\/www.youtube.com\/embed\/K_aSVq3JUUA\" frameborder=\"0\" allowfullscreen><\/iframe><br \/>\n<br \/>\nHow scammers stole \u00a370m from pensioners to spend on luxury cars, boats and houses<br \/>\n<br \/>\nThree men who set up a \u00a370 million investment scheme to defraud more than 3000 people out of their early-release pension pots have been jailed for a total of 15 years and nine months.<\/p>\n<p>Matthew Pickard, 56, Stephen Greenaway, 47, and Paul Laver, 47 were company directors of the now defunct Ethical Forestry Limited, which operated from Bournemouth.<\/p>\n<p>The business cold-called people offering them a pensions review, and then advised them to invest their life savings in tree plantations in Costa Rica, promising them millions in return for their investments.<\/p>\n<p>But investigators found there were no plans to maintain or harvest the trees, so investors&#8217; money could never generate the promised return.<\/p>\n<p>\u2022 Subscribe to ITV News on YouTube: http:\/\/bit.ly\/2lOHmNj<br \/>\n\u2022 Get breaking news and more stories at http:\/\/www.itv.com\/news<\/p>\n<p>Follow ITV News on TikTok https:\/\/www.tiktok.com\/@itvnews?lang=en<br \/>\nFollow ITV News on Instagram: https:\/\/www.instagram.com\/itvnews\/<br \/>\nFollow ITV News on Facebook: https:\/\/www.facebook.com\/itvnews\/<br \/>\nFollow ITV News on X: https:\/\/twitter.com\/itvnews<\/p>\n","protected":false},"excerpt":{"rendered":"How scammers stole \u00a370m from pensioners to spend on luxury cars, boats and houses Three men who set&hellip;\n","protected":false},"author":2,"featured_media":87565,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[3249,2292,65950,6655,482,34056,7083,4167,380,379,3671,22562,30026,69861,425,23737,1876,1793,1042,14352,7093,485],"class_list":["post-87564","post","type-post","status-publish","format-standard","has-post-thumbnail","category-itv-news","tag-bournemouth","tag-cars","tag-costa-rica","tag-court","tag-crime","tag-ferrari","tag-fraud","tag-investment","tag-itv","tag-itv-news","tag-jail","tag-judge","tag-luxury","tag-maclaren","tag-money","tag-pension","tag-pensioners","tag-police","tag-prison","tag-savings","tag-scam","tag-trial"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@videos\/117208531843888681","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/videos\/wp-json\/wp\/v2\/posts\/87564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/videos\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/videos\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/videos\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/videos\/wp-json\/wp\/v2\/comments?post=87564"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/videos\/wp-json\/wp\/v2\/posts\/87564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/videos\/wp-json\/wp\/v2\/media\/87565"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/videos\/wp-json\/wp\/v2\/media?parent=87564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/videos\/wp-json\/wp\/v2\/categories?post=87564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/videos\/wp-json\/wp\/v2\/tags?post=87564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}