Bogus City trader blew clients’ cash on the high life

A bogus City trader who conned clients out of £475,000 and blew the money on luxury hotel rooms, five-star restaurants and designer clothes was jailed for four and a half years. Lee Denton, 33, claimed he was the director of fake binary options company TB Options and even set up a virtual address in Cheapside to front as an office. He cold-called dozens of investors, reeling them in with the promise of a 20 per cent monthly profit on their…