Gary West, James Whale and Stuart Stone were ordered to pay a confiscation order totalling £1.36m, at a hearing on 27-28 July 2016. The judge ordered that compensation should be paid out of the confiscation amounts.
Gary West, James Whale and Stuart Stone were convicted, on 5 December 2014 of fraud and bribery offences following the SFO's investigation into Sustainable Growth Group (‘SGG’) and its subsidiary companies The investigation focused on the selling and promotion of SAE investment products based on “green biofuel” Jatropha tree plantations in Cambodia. The green biofuel products were sold to UK investors primarily via self-invested pension plans (SIPPs). These individuals were deliberately misled into believing that SAE owned land in Cambodia, that the land was planted with Jatropha trees, and insurance policy in place to protect investors if the crops failed. West, Whale and Stone were sentenced on 8 December 2014 ... HHJ Beddoe described the fraud as a “thickening quagmire of dishonesty… more than 250 victims ... some of whom had lost all of their life savings and their homes.”