72-Year-Old British Woman Jailed Again for Investment Scam

Margarita Clark, a 72-year-old British woman, was jailed for fraud a decade ago, but she didn’t learn anything from that and is now back in prison for investment fraud.

In 2018, Clark lied about buying property in Spain and offered fake investment opportunities to her victim.

Over the next two years, she continued to make up falsehoods and bilked a total of £118,000 from the victim woman. Not only did Clark use the money to buy expensive clothes and a new car, she even persuaded the victim to pay for her trip to Dubai.

The victim's family searched Clark's name online and found that she had been sentenced to three years and four months in prison in 2014 for defrauding £2.5 million from her friend.

_{Source: Hertfordshire Police}

In October 2020, the victim's family reported the incident to the police.

Police said: “Clark is a cold and calculating individual. She took advantage of her victim, who was grieving the loss of her husband and had only recently moved to the area. The victim genuinely believed she had made a close friend and was left shocked and heartbroken when the truth was discovered. I’m pleased that Clark is now behind bars.”