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Synagogue apologises for giving fraudster Freddy David call up in shul two days before he was jailed

He defrauded 55 people of £14.5 million and began a six-year jail sentence on Monday

August 1, 2018 10:42
Freddy David
2 min read

Freddy David, the fraudster whose Ponzi scheme defrauded 55 people, mostly Jewish, of £14.5 million, received a call up in shul on Shabbat, two days before he was jailed for his crimes.

The chairman and rabbi of Borehamwood and Elstree Synagogue, where David was a prominent member and regular shul-goer, have apologised to the community.

David used his standing within the community to scam his victims by selling them fake investments, when he was managing director at wealth management company HBFS Financial Services.

He transferred the money into his own account which he used to fund his lavish lifestyle and gambling addiction.