Jail for Ponzi scheme pair who lost investors a fortune

Two traders who defrauded investors out of more £1m while running a ‘classic ponzi scheme’ have been jailed for a total of seven and a half years. Anton Taylor, 55, and Simon Silva Peake, 50, made unauthorised investments while running Carlisle-based pension company Quintillion Asset Management Ltd between 2007 and 2011. Taylor duped an old school friend he had known for more than 30 years and a woman he met on a skiiing holiday, Southwark Crown Court heard. Taylor, of…