Glasgow man placed on FBI’s ‘most wanted’ list

Photo: FBI
Photo: FBI

A Glasgow man accused of running a precious metals fraud scheme in the US has been placed on the FBI’s most wanted list.

James Ward, 65, is wanted for his alleged involvement in a precious metals fraud scheme that operated in Florida from September of 2007 to March of 2010.

He then went on the run after being charged in Florida with wire fraud in 2012.

The FBI website states: “Ward allegedly operated an entity called Kastle & Hawk, Inc., which solicited investors to buy previous metals such as gold, silver, and platinum on a leveraged basis.

“Instead of investing the approximately $400,000 Ward recieved from at least 12 investors, Ward allegedly used the money for his own personal use and benefit. No precious metals were ever acquired for investors.”

The FBI lists Mr Ward’s occupation as securities broker and describes him as 5’8” weighing 150 to 155 pounds, with hazel eyes and blond but “may change his hair colour frequently”,

The agency also states that Ward may travel within the United Kingdom, and may also travel to Canada and Mexico.