Downfall of Lord Fraud who threw sex parties in King’s Speech mansion with celebrities

Daily Mail
October 6, 2011

A self-styled lord who led the lifestyle of an international playboy and friend to the stars was yesterday unmasked as the ‘ringmaster’ of a £4.5million global fraud. Edward Davenport charmed the rich and famous, with Kate Moss and Princes William and Harry among the guests of raucous parties at his £30million mansion.

‘Lord Davenport’, 45, whose nickname was Fast Eddie, was jailed for seven years and eight months in September for conning 51 victims, including Princess Diana’s wedding dress designer Elizabeth Emanuel, who lost her life savings.

Davenport cashed in on the credit crunch by offering bogus start-up loans to entrepreneurs desperate for cash. Victims were promised millions of pounds of credit, but were asked to pay for ‘due diligence’ investigations into their companies before they could have the loan.

Davenport and his lieutenants, Peter Riley, 64, and Borge Andersen, 66, pocketed £4.5million in deposits and advance fees but never paid out the promised £2billion in loans to entrepreneurs from as far afield as India, Canada and Dubai.

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11 Responses to “Downfall of Lord Fraud who threw sex parties in King’s Speech mansion with celebrities”

  1. It is a very easy scam to avoid. When someone is asking for upfront fees it is a known scam. I have run into those many times.

  2. People actually fell for that? I got that email, Do you need a loan? If its too good to be true, then it is what it is

  3. On a documentary a while back it showed the sex type parties conducted there. I was outraged that nothing was being said bad about the event.

  4. This one was a definite sociopath who would do anything to shag hot women. He had all the qualifications for Knighthood. He lied, stole, serially philandered and made false promises to unwitting people. Seems very “royal”.

  5. He is only doing what the rest of them are doing….Bernie Madoff even said that all of the bankers and Wall street gang are doing it….They just pissed the wrong elite off and got burned! Besides this jack wagon probably takes it in the rear so he now has several years of free sex….haha

    • After reading the article on daily mail he is a rich guy screwing rich people…haha!!!

  6. These guys would make great politicians.

  7. lord butt fiend. is going to the showers with bubba! AHHHHHHHHH sucka you got caught!!!!!! enjoy BUBBA. I heard he’s hungry sucka!!!!!!

  8. Oooh , let’s have a sexy party behind bars. No not those kind of bars!

  9. That blond looks as if she’s had more late nights than Alex has had hot dinners.

  10. “No one ever went broke underestimating the intelligence of the American public.” ~ H. L. Mencken

    Apparently the Britishers too.

    click on my name for more

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