Thursday, April 18, 2024

Driver guilty of trying to sell Ritz Hotel

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LONDON – An unemployed British truck driver has been convicted of trying to sell the world famous Ritz Hotel for £250 million (BDS$760 million) to a duped investor.Anthony Lee convinced potential buyer Terence Collins to hand over £10 million in 2006. The 49-year-old Lee claimed he was a close friend of Frederick and David Barclay, the billionaire brothers who own the London hotel.But the Barclay brothers had never heard of Lee and were unaware he was claiming to be able to sell the hotel. The sale never happened and the money was never returned.A jury yesterday found Lee guilty of obtaining the money by deception. He will be sentenced later this month. (AP)

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