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A gambler who conned private investors out of £1.3m by using a family's address in Chichester has been jailed.
Nicholas Peter Ford has been sentenced to five years and four months in prison after using a technique known as 'Ponzi', where he took money from investors as part of a betting syndicate.
He gave investors money back from other investors rather than any profit he had made.
The 39-year-old spent most of the money through gambling, which started two days after the first investment was made.
Ford had several addresses in the UK and Switzerland and was also using a family address in Chichester, West Sussex, when he was first reported to the police.
He started the scam after being made redundant from his job at an investment company in Surrey and his compiled names from his client list.