28 Jul 2010

Prison sentence for Ritz Hotel scam

3:15 pm on 28 July 2010

An unemployed truck driver from North Yorkshire who pulled off an elaborate scam to sell the Ritz Hotel in London for Stg250 million has been jailed for five years.

Anthony Lee, 49, found investors who were interested in the hotel in Piccadilly and duped them into handing over Stg1 million.

He convinced one potential buyer that he was a close friend and associate of the reclusive billionaire Barclay brothers who own the hotel.

But Sir Frederick and Sir David Barclay had never heard of Lee and were completely unaware he was claiming to be able to sell their landmark building.