Crooked hedge fund manager to forfeit inheritance

A hedge fund manager who duped hundreds of investors into handing over almost £22m and blew the cash on a champagne lifestyle was ordered to forfeit his £30,000 inheritance or face an extra 14 months in jail. Benjamin Wilson, 39, squandered £6.27m including £160,000 on a Ferrari California, more than £200,000 on horse racing and £85,000 on gambling trips to Las Vegas. He also splashed out on a luxury £4m mansion, Rhapsody, in Poole, spending £500,000 on refurbishment including an…