Tag Archives: Profitable Plot

Two British directors of land banking firm sentenced to jail for cheating

The criminal prosecution against three directors of land banking firm Profitable Plots for cheating investors of about US$2.5 million (S$3.1 million) reached a juncture yesterday, with jail terms handed down to two of them, while the third was acquitted. Briton Timothy Nicholas Goldring, 60, was sentenced to seven years in prison, while his compatriot John Andrew Nordmann, 55, was sentenced to eight years’ imprisonment for 18 cheating charges, following a trial that ran from April last year to January this year.

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