F1 'conman' Cleared.

A Saudi businessman dubbed the 'prince of conmen' has been cleared of the fraud and theft charges levelled against him.


Sulaiman Al Kehaimi was, amongst other things, accused of attempting to defraud the Tyrrell team by posing as a possible investor, and falsely gaining access to a French mansion in order to host a Monaco Grand Prix party.


The jury at Oxford Crown Court found in favour of Al Kehaimi on five counts, despite hearing accusations that he had attempted to live a lavish lifestyle when, in fact, he was virtually penniless. The judge also ordered that he be acquitted of a sixth charge, after Al Kehaimi told the court that he had fully intended to repay monies invested in his business ventures and had not intentionally defrauded anyone involved.


A four-month sentence passed down after Al Kehaimi pleaded guilty to owning a shotgun and cartridges was waived as he had already spent eight months as a remand prisoner.