Northampton judge jails conman who tricked £500,000 from victims to fund gambling habit
One target contemplated suicide after losing £60,000 pension money in bogus schemes
A scammer who conned people out of nearly half-a-million pounds to fund his high-stakes gambling habit and lavish lifestyle has been jailed for more than five years.
Myles Carter, aged 44, set up an intricate web of lies, fake companies and multiple social media aliases to trick at least 101 people worldwide into parting with £493,935.49 over a seven-year period.
Carter ran a number of fake trading accounts — and even a Covid-19 savings scam — between May 2013 and March 2020.
He admitted three counts of fraud by false representation and one of money laundering at Northampton Crown Court last month and sentenced to five years, eight months in prison on Friday.
The court heard that Carter, of Alfred Street, Irchester, used aliases including Mason Mills and Paul Pritchard to trick his victims.
He had 11 previous convictions for 35 offences including stealing from past employers, forging signatures on cheques, retaining and converting criminal property totalling over £70,000, for which he was jailed for 28 months.
Details of the Carter’s cons were read out, a scam where the victim withdrew £60,000 from their pension and were left contemplating suicide.
Others were plunged into debt, lost friendships, suffered mental health issues and left struggling to trust people.
Sentencing, His Honour Judge Rupert Mayo highlighted that one of Carter’s frauds centred on a supposed high-yield savings account set up to help people through the coronavirus pandemic.
He added: “This was fraud carried over seven years, it was sophisticated and required significant planning and involved a large number of victims.
“They were not all vulnerable, but the stories told by victims are sad and tragic, one person contemplating suicide, others being placed in a very depressed state.
“The money you obtained was spent partly on gambling, and also on allowing yourself to live at a level that otherwise would have been completely unattainable.”
Judge Mayo ordered a further charge of fraud by false representation will lie on file and made Carter subject to a five-year Serious Crime Prevention Order, to begin once he is released from prison, with a hearing to deal with confiscation orders to be held in due course.
Speaking after the hearing, fraud supervisor Bryan Pye, of the Northamptonshire Police Fraud Crime Team, said: “Carter was able to live a lavish lifestyle after scamming people into making payments to him, hiding behind a facade and pretending to be representing legitimate companies when he wasn’t – it was all a complete sham.
“He has taken in a lot of people and gone to great lengths to con people into thinking that they were dealing with a legitimate business, when in fact when we looked into his activities he was taking genuine company names and either pretending to be affiliated with them, or creating new companies based on those real names in order to trick people.
“Carter probably seemed the most plausible person in the world to his victims, but our investigation showed he has a dark side to his character, he is a devious and accomplished fraudster whose aim was to fund his gambling habit and lavish lifestyle by stealing other people’s hard-earned money.
“Myles Carter is a dishonest conman and I hope his time in prison affords him the chance to think about how his actions have affected his many victims. Our investigation shows Northamptonshire Police takes reports of any fraud very seriously, and we encourage anyone who believes they may have been a victim to report it.”
■ Reports of suspected fraud can be made to Action Fraud, the UK's national reporting centre for fraud and cyber-crime, at www.actionfraud.police.uk or by calling 0300 123 2040.