UK Conman who bragged on Facebook still lives with his mum

                           

A conman who posed with cars, cigars and Rolex watches while pretending to invest £75,000 for City clients has been jailed after it emerged he was taking the money for himself.

Ex-trainee butcher Daniel Burgoyne, 24, compared himself to Wolf of Wall Street fraudster Jordan Belfort as he claimed to dabble in credits, diamonds and wine for 18 investors in a cold-calling scam - one of whom lost nearly £33,000.

Luring in his investors over the phone, he claimed he was running his business from London's financial heart.

But as his frauds unraveled police discovered it was really based on a business park in the town Folkestone, Kent, where he still lived with his mother.

Burgoyne was jailed for two years at Canterbury Crown Court after he admitted 18 fraud charges.

He was also disqualified from being a company director for seven years. 

Judge Simon James told him: 'This was a sophisticated deception in which just £10,000 of the £80,000 you received was actually invested - and even then not in anything which would produce proper returns for the investors.'

The former Canterbury College student boasted of the high life on Facebook, where he posted pictures of wads of £20 notes, gambling chips, a Rolex watch and a black BMW.

Black BMW he claims he drives