Scammer Kevin Foster 

Fraudster Kevin Foster 

Details

Name: Kevin Foster
Other Name:
Born: 1958
whether Dead or Alive:
Age: 0
Country: British
Occupation: former hedge fund manager
Criminal / Fraud / Scam Charges:
Criminal / Fraud / Scam Penalty: 10 years imprisonment
Known For: KF Concept Ponzi scheme

Description :

Kevin Foster (born 1958/1959) is an English investment fraudster, convicted of 14 counts of deception and theft in relation to his operation of a ?34m (approx $51m) Ponzi scheme, which ran from 2002 to 2004.By the time Foster was stopped, police discovered his scheme, originally called KF Concept but later renamed to Phase 9, had taken money from 8,500 investors, mainly drawn in through his series of flamboyant roadshows across the UK.


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