Jail for the broadband swindlers

Four businessmen who conned banks out of £160m with bogus contracts for an innovative super-fast broadband scheme have been jailed for a total of 44 years. Total Asset Finance Ltd (TAF) – which collapsed in 2011 – was at the centre of the plot along with H2O Networks offering to roll out fibre optic cables through sewers across the UK. H2O aimed to setup ‘fibre optic cities’ throughout the country and approached public institutions such as local authorities, universities, colleges…