{"id":234609,"date":"2025-05-10T12:21:19","date_gmt":"2025-05-10T12:21:19","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/jail-for-cold-caller-who-scammed-elderly-wine-investors-jonothan-piper-gets-just-desserts\/"},"modified":"2025-05-10T12:21:19","modified_gmt":"2025-05-10T12:21:19","slug":"jail-for-cold-caller-who-scammed-elderly-wine-investors-jonothan-piper-gets-just-desserts","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=234609","title":{"rendered":"Jail for cold-caller who scammed elderly wine investors \u2013 Jonothan Piper gets just desserts"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-body-2934411756306821005\" itemprop=\"description articleBody\">\n<div class=\"separator\" style=\"clear: both; text-align: center;\">\n<a href=\"https:\/\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEh-vgbxxYlBC3m3pWoIHAiyji3uu9RTuB8iBcQQtCLNdYt4KJH0trE3t_h4sSjMf72svsGoQ2OzpsDftoB2KMnZUdzFHcRqbZXUueoKlopsNZcWCtl2T6A1JyiTQ89OOJvm9EzAfaGo7aY\/s1600\/Services.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" height=\"217\" src=\"https:\/\/blogger.googleusercontent.com\/img\/b\/R29vZ2xl\/AVvXsEh-vgbxxYlBC3m3pWoIHAiyji3uu9RTuB8iBcQQtCLNdYt4KJH0trE3t_h4sSjMf72svsGoQ2OzpsDftoB2KMnZUdzFHcRqbZXUueoKlopsNZcWCtl2T6A1JyiTQ89OOJvm9EzAfaGo7aY\/s400\/Services.jpg\" width=\"400\"\/><\/a><\/div>\n<p>\n<b><span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\">Insolvency Service press release (30th September 2016):\u00a0 <\/span><\/span><\/b><br \/><span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\"><span style=\"-webkit-text-stroke-width: 0px; background-color: white; color: #0b0c0c; display: inline ! important; float: none; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px;\"\/><\/span><\/span><span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\"><span style=\"-webkit-text-stroke-width: 0px; background-color: white; color: #0b0c0c; display: inline ! important; float: none; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: normal; letter-spacing: normal; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px;\"><b><br \/>Jonothan Piper<\/b>, from Wanstead, has been sentenced to <span style=\"color: red;\"><b>five and a half years\u2019 imprisonment<\/b><\/span> after pleading guilty to one count of fraudulent trading, two counts of money laundering and one count of cheating HM Revenue and Customs of tax at Snaresbrook Crown Court on 22 August 2016.<\/span><\/span><\/span><\/p>\n<p>\n<span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\">Piper, 30, who was the director of Embassy Wine (UK) Limited and previously traded as a land and diamonds salesman, pleaded guilty to defrauding investors out of hundreds of thousands of pounds and to failing to pay tax and National Insurance on his earnings for six years.<\/span><\/span><\/p>\n<p>\n<span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\">Investors complained that they had been mis-sold expensive wine collections and had either not received the wine they were promised or were deceived in respect of the expected returns. Many investors were then persuaded to sell their wine collections to Piper\u2019s company, but did not receive the promised payment. An investigation by the Department for Business, Energy and Industrial Strategy (BEIS) found that the self-professed fine-wine broker had not traded legitimately at all and had set up the company simply to con investors out of approximately \u00a3300,000.<\/span><\/span><\/p>\n<p>\n<span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\">BEIS discovered that HMRC was also conducting an investigation into Piper, and the matter was jointly prosecuted with the CPS. Piper also pocketed more than \u00a351,000 in Income Tax and National Insurance contributions from his undeclared earnings, between 2008 and 2014.<\/span><\/span><\/p>\n<p>\n<span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\">Deputy Chief Investigation Officer Ian West from BEIS said:<\/span><\/span><\/p>\n<div style=\"text-align: justify;\">\n<blockquote style=\"-webkit-text-stroke-width: 0px; background-color: white; border: 0px none; color: #0b0c0c; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: normal; letter-spacing: normal; line-height: inherit; margin: 0px 0px 0px -30px; padding: 0px 0px 0px 20px; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px;\">\n<p>\n<span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\">Mr Piper cynically attempted to dissolve his company Embassy Wine (UK) Limited without notifying his creditors of his intention or complying with the three month trading restriction prior to any application for the striking off\/dissolution of a company, to mask his fraudulent activity. It was established that he had defrauded his companies\u2019 unsuspecting clients of in excess of \u00a3295,000 in a wine investment scam carried out, in conjunction with other frauds against the revenue to fund his expensive lifestyle. He now has to face the serious consequences of his criminal lifestyle.<\/span><\/span><\/p>\n<\/blockquote>\n<blockquote style=\"-webkit-text-stroke-width: 0px; background-color: white; border: 0px none; color: #0b0c0c; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: normal; letter-spacing: normal; line-height: inherit; margin: 0px 0px 0px -30px; padding: 0px 0px 0px 20px; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px;\">\n<p>\n<span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\">This case should serve as a warning to those that seek to utilise the Insolvency regime to further fraudulent activity, that the BEIS Criminal Enforcement Directorate, will with law enforcement partners, ensure that perpetrators are prosecuted with the full force of the law.<\/span><\/span><\/p>\n<\/blockquote>\n<\/div>\n<h4 id=\"notes-to-editors\" style=\"-webkit-text-stroke-width: 0px; background-color: white; border: medium none; color: #0b0c0c; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: bold; letter-spacing: normal; line-height: 1.31579; margin: 35px 0px 0px; padding: 7px 0px 3px; text-align: justify; text-indent: 0px; text-transform: none; vertical-align: baseline; white-space: normal; word-spacing: 0px;\">\n<span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\">Notes to editors<\/span><\/span><\/h4>\n<p>\n<span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\">Jonothan Jeremiah Piper &#8211; date of birth 8 April 1986 &#8211; of Foxglove Gardens, Wanstead, pleaded guilty to: Acting with intent to prejudice or defraud HM Revenue and Customs, Fraudulent Trading, contrary to section 993(1) of the Companies Act 2006, Converting Criminal Property, contrary to section 327(1) of the Proceeds of Crime Act 2000 and Converting Criminal Property, contrary to section 327(1) of the Proceeds of Crime Act 2000, at Snaresbrook Crown Court on 22 August 2016.<\/span><\/span><\/p>\n<p>\n<span style=\"font-size: small;\"><span style=\"font-family: Verdana,sans-serif;\">He was sentenced to 2 years\u2019 imprisonment for defrauding HMRC and 3.5 years\u2019 consecutive imprisonment for the fraudulent trading offence. He was sentenced to 15 months\u2019 concurrent imprisonment for the two counts of money laundering.<\/span><\/span><\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Insolvency Service press release (30th September 2016):\u00a0 Jonothan Piper, from Wanstead, has been sentenced to five and a half years\u2019 imprisonment after pleading guilty to one count of fraudulent trading, two counts of money laundering and one count of cheating HM Revenue and Customs of tax at Snaresbrook Crown Court on 22 August 2016. Piper, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":234610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96],"tags":[86943,16283,26499,11223,38523,86944,9928,50334,9182],"dealstore":[],"offerexpiration":[],"class_list":["post-234609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","tag-coldcaller","tag-desserts","tag-elderly","tag-investors","tag-jail","tag-jonothan","tag-piper","tag-scammed","tag-wine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jail for cold-caller who scammed elderly wine investors \u2013 Jonothan Piper gets just desserts - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=234609\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jail for cold-caller who scammed elderly wine investors \u2013 Jonothan Piper gets just desserts - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Insolvency Service press release (30th September 2016):\u00a0 Jonothan Piper, from Wanstead, has been sentenced to five and a half years\u2019 imprisonment after pleading guilty to one count of fraudulent trading, two counts of money laundering and one count of cheating HM Revenue and Customs of tax at Snaresbrook Crown Court on 22 August 2016. 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