Born-again tech entrepreneur battling back after being cleared of fraud
A tech entrepreneur, who says a four-year battle to clear his name in a major fraud trial cost him his personal fortune of several million pounds and his £50m company, is preparing to bounce back with a new venture.
Elfed Thomas, 57, was acquitted in February at the end of trail in which four other individuals were found guilty of making corrupt payments and conspiracy to commit fraud against lenders Barclays Bank and KBC Lease (UK), in order to obtain nearly £160m.
Thomas’ company H20 Networks, part of his Haydock, Merseysi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
