Diamond fraudster ordered to pay back £350k

A convicted fraudster who swindled a fortune from pensioners by selling them ‘worthless coloured diamonds’ must repay £350,000 or serve another four years in jail. Gilbert King, 51, along with Stephen Rogers, 55, and Bobby Sales, 31, fooled investors into purchasing what they thought were valuable gems through a sham company. But company records show that only one diamond was ever purchased on behalf of a client – who was billed £10,000 when the actual value of the gemstone was…