He stole billions.
Meet Kent Bancroft: investment guru, rising star of the London social scene, and, keep it quiet, the mastermind behind the biggest fraud in history.
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Excerpt
‘Ladies and gentlemen, welcome to this
year’s City of London Orphans’ Fund Gala. Tonight, we’re going to hear from a
cornucopia of London’s greatest men.’
The MC paused to look into the wings. Sure
enough, when Kent followed his gaze, he saw that almost all of those lined up
to speak this evening were men. Among them, Kent recognised famous politicians,
charity wonks, businessmen and philanthropists, many of whom were worth the better
part of a billion pounds. Tonight wasn’t about London’s orphans; it was simply
an opportunity for the rich to flaunt their wealth.
‘And then, at the end of the evening, we’re
going to be auctioning off over one hundred pieces of art, with all the proceeds
going to the Fund. Please be ready to dig deep and take home some fabulous
artwork.’
The art on offer wasn’t all fabulous. Some
of it was downright ugly. One artist had painted the outline of a misshapen box
in chalk paint. What on earth was all that about? Even so, no doubt at least
one item would soon be hanging in the Bancroft family home. Kent’s wife had
intimated she’d like to have something new to show off at her dinner parties.
The pièce de résistance this evening was a previously undiscovered
painting by the late Winston Quigley. The estimate was an eye-watering £2
million. Except, it had no papers. Without proof it really was by old Winny, it
was just another so-so canvas.
The MC’s voice snapped Kent’s attention
back to the present.
‘But before that, I’d like to welcome to
the stage a man who needs no introduction,’ the MC continued. ‘Tonight’s first
speaker is one of London’s most famous market makers. He’s started his own
investment firm, become one of London’s most generous philanthropists, and
returned consistent gains for his investors even in the midst of the infamous
crash of ‘07. This year he’s been on the front page of Esquire, appeared
in The Impartial’s Investor of the Year shortlist, and is the bookies’
favourite to be Britain’s Next Billionaire by the end of the year… and it’s
only May! Ladies and gentlemen, I give you the one and only… Kent Bancroft!’
The crowd clapped, though with varying
enthusiasm. Those nearest the front – in plain view from the stage – were the
most enthusiastic, while the old statesmen of banking, Vice Presidents of
Chase, Santander, and the like, all but sat on their hands.
Kent sauntered slowly to the centre of the
stage. ‘Thank you, thank you. I’ve been involved with the Fund as an Ambassador
for five years now, and I continue to be astounded by the good that it does all
over London. Last week, I was in Stratford visiting our new Activity Centre.
Thanks to your support last year, we’ve been able to create a place – no, a
community – where children can come and play, learn, laugh and live in a safe
space.
‘It was an extra-special visit for me
personally,’ he said, looking around the room. He paused for a moment as if
what he was saying was so heartfelt that he was choking up. ‘Before starting
Bancroft, Tomlinson and Co, I was a teacher at a school a stone’s throw from
the new centre, and I can honestly say the children there changed my life.
‘It’s funny, isn’t it? The way a small act
can change the course of a life. The day that changed mine was in that school.
I was teaching a class that, at the time, we called “Personal Social Health and
Economic Education”, which was a fancy way of saying “everything we couldn’t
shoehorn into another subject”.’
A ripple of laughter echoed around the
Egyptian Hall.
‘For that lesson, I set the kids a very
simple task. I bought a big bag of Haribo, put one sweet in front of each child
and said, “You can eat that now if you like, but I’m going to go out of the
room, and when I get back, if you’ve not eaten yours, I’ll double what you’ve
got in front of you.”
‘So I left the room. Easy lesson, I
thought. Ten minutes in the staff room, have a cup of tea, read the paper, and
then I could come back and see how many of the kids had enough willpower to
leave the sweet in front of them. I’d done the same lesson the previous year,
and only two of the children managed to earn an extra sweet.
‘Can you guess what happened? I had my
break, then went back to the classroom. To my surprise, the kids were sitting
in a line along one wall. They turned to face me as I walked in, each and every
one of them looking so smug that I knew something was up.
‘That day, they taught me a lesson. They’d
taken the sweets, piled them up in one corner of the room, all thirty of them,
and then the kids had sat in a line along the back wall, all of them facing
towards the corner where they’d put the sweets. I looked at them quizzically.
That was when one of them, Tom, stood up. “I think you owe us some sweets,
sir,” he said to me. “You said you’d give us twice as many sweets as we have in
front of us. By my maths, you owe us each sixty sweets, sir.”
‘And I burst out laughing. They were right:
I had said exactly that. I hadn’t bothered to qualify that it had to be directly
in front of them so they’d taken me at my word. The next day, I bought them
each two bags of Haribo. In the end, that was the best sixty pounds I’ve ever
spent. It made me realise that a fresh perspective can turn a small opportunity
into a huge profit. That lesson is the bedrock of my career. It’s why I run the
biggest boutique investment firm in Britain, and it’s why, every year, I give
back to the community by donating to the Fund. This evening, my wife, Rima,’ he
said, pointing at the table at the back where she was sitting with the
Ukrainian Ambassador to London, ‘and I will be donating another million pounds
to the Fund.’
He paused, allowing the audience to applaud
once more.
‘Thank you, thank you… But I think you know
where I’m going with this story. My one million will make a difference. But if
you follow the example of the children and form a line behind me and each of
you donate, whether that’s a thousand pounds or a million, we can make a much
bigger impact. And, if you do, the Haribo is on me.’
Another ripple of laughter ran around the
room.
‘Thank you all for listening. Enjoy your
evening.’
About Sean Campbell
Sean trained
as a barrister and was called to the Bar of England and Wales back in 2011.
Luckily for him, he now spends his days working out how to kill people without
being caught, and then flipping the switch to play detective. His non-writing
interests vary from photography and cinema to rugby and hiking. You can usually
find him somewhere in one of London’s coffee shops – look for the big bearded
guy taking up way too much room and hogging the Wi-Fi.
Website : https://dcimorton.com/
About Ali Gunn
Ali Gunn kills
people for a living*.
The first DCI
Elsie Mabey novel, The Career Killer, has been downloaded over 75,000 times
since its release.
Book two in
the series, The Psychopath Within, is due for release in 2022.
To find out
more, visit GunnCrime.com
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