Fake FX Trader Gets Jail Term After Prosecco Spending Spree
- Alex Hope gets a further 16 months, expected to serve half
- Hope bought Rihanna tickets instead of repaying investors
Rihanna performs at the Grammy’s on Jan. 28.
Photographer: Christopher Polk/Getty Images for NARAS
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A fake foreign-exchange trader -- already imprisoned for duping investors out of 5.6 million pounds ($7.9 million) -- was sentenced to a further 16 months in prison, this time for using funds to buy tickets to see Rihanna instead of repaying authorities.
Alex Hope pleaded guilty earlier this month to perverting the course of justice for trying to hide funds from regulators and investors he cheated instead of handing the money back as required by earlier rulings. On Friday, Judge Deborah Taylor sentenced him, saying he would likely serve half of the term.