Comments on: PERSONAL VIEW: Reflections on the successful prosecution of Tom Wilmot, UK boiler room king http://blogs.reuters.com/financial-regulatory-forum/2011/08/26/personal-view-reflections-on-the-successful-prosecution-of-tom-wilmot-uk-boiler-room-king/ Fri, 19 Apr 2013 00:29:31 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: T.Hetherington http://blogs.reuters.com/financial-regulatory-forum/2011/08/26/personal-view-reflections-on-the-successful-prosecution-of-tom-wilmot-uk-boiler-room-king/comment-page-1/#comment-4165 T.Hetherington Sat, 27 Aug 2011 12:36:17 +0000 http://blogs.reuters.com/financial-regulatory-forum/?p=8576#comment-4165 "The regulatory system that failed to catch Wilmot for 25 years could argue that he was operating in a way that was beyond its reach, to get evidence was hard...." Really? The key evidence was found in 2007 only by accident, when the FSA was investigating a different offender and stumbled across Wilmot's hidden computer hard drive. Though of course, not looking for evidence in the first place would indeed make it hard to find. Meanwhile, my newspaper published warnings in 2004, 2005 and 2006. We named Wilmot and his two sons. And we spotted the links to Austria and Slovakia and explained them. Did the phone ring, with an urgent request from the authorities for our evidence. Did it heck! Tony Hetherington Mail on Sunday “The regulatory system that failed to catch Wilmot for 25 years could argue that he was operating in a way that was beyond its reach, to get evidence was hard….”

Really? The key evidence was found in 2007 only by accident, when the FSA was investigating a different offender and stumbled across Wilmot’s hidden computer hard drive. Though of course, not looking for evidence in the first place would indeed make it hard to find.

Meanwhile, my newspaper published warnings in 2004, 2005 and 2006. We named Wilmot and his two sons. And we spotted the links to Austria and Slovakia and explained them.

Did the phone ring, with an urgent request from the authorities for our evidence. Did it heck!

Tony Hetherington
Mail on Sunday

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