Warrington firm at the centre of massive broadband scam

A former Ernst & Young ‘Entrepreneur of the Year’ helped defraud banks out of £160m in a scam involving super-fast broadband contracts, a court heard today (tues). Warrington-based Total Asset Finance Ltd (TAF) – which collapsed in 2011 – is said to be at the centre of the conspiracy along with H2O Networks who promised to roll out fibre optic cables across the UK. Contracts agreed by their customers were created and sold to TAF in exchange for a lump…

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