In January 2005, Graham Ernest Gill’s fraud caught up with him. He was involved in a £14m investment scam. The elderly York, England man was wanted in the US for an alleged £14m investment scam.
Graham Ernest Gill, 73, was caught at Madrid airport. He was set up in a sting operation set up by the FBI, the Colorado Bureau of Investigation and Interpol.
He was charged with violating Colorado’s crime control laws in which he’d siphoned $28 million in fraud investment schemes. It is now commonly know as the “Graham Ernest Gill Fraud”.
Graham Ernest Gill is now awaiting extradition back to Colorado.
Fraud Funds
The great Graham Ernest Gill Fraud involved taking £175m to create the “Colorado Mint casino” in Black Hawk, which was never built.
“He went to the public, American and European, and promised to pledge his assets as collateral for projects,” Robert Brown, agent for the Colorado Bureau of Investigation, said.
Gill was arrested by the authorities after a sting involving the fake delivery of 370,000 euro.
Graham Ernest Gill, has dual British American citizenship. He was arrested in Spain on January 13, 2005.
Alleged investing
scam marred
project’s early days
In 2002, Graham Gill allegedly led a
scam that duped investors out of
millions while pitching the Colorado
Mint casino project and phony
financial guarantees. Here is a list of
the people who were indicted on
fraud charges with Gill, and the list
of key players in the project being
developed now.
THEN:
Graham Gill – charged with
racketeering stemming from
allegations of bribery, wire and
securities fraud, tax evasion and
theft. He fled the country after
hearing about the charges, but was
captured this year. Arraignment is
scheduled for Nov. 4.
Thomas Sassone and Andrew
Mulgrew, both of New York –
indicted on the same charges as Gill,
but acquitted of all charges after a
Colorado jury decided they had been
duped by Gill.
Linda Lewis of Arizona and Charles
Scarboro of Monument – pleaded
guilty to misdemeanors and received
probation.
Edmund Curriden of San Diego –
pleaded guilty to commercial bribery
and received 6 months’
unsupervised probation.
NOW:
Sherwood Weiser, CEO, Continental
Hospitality Holdings LLC
Donald Lefton, vice chairman,
Continental Hospitality Holdings LLC
Steve Boulter, CEO, Black Bear
Gaming