Royal Horseguards Hotel Royal Horseguards Hotel The Royal Horseguards Hotel is a 5-star London hotel situated in the area of Whitehall. It is operated by Guoman Hotels, a subsidiary of Thistle Hotels. Whitehall Court was constructed as a block of luxury residential apartments in 1884 by the Liberal MP and property developer Jabez Balfour. The building's construction was the centrepiece of an elaborate pyramid scheme for fraud by Balfour, through the Liberator Building Society which he controlled. In 1892 the Society collapsed, leaving thousands of investors penniless. Instead of advancing money to home buyers, the Society had advanced money to property companies to
Sergiu Băhăian Sergiu Băhăian Sergiu Băhăian alias Vasile Negrila is a Romanian businessman, convicted fraudster, and Romanian prosecutors allege, the leader of a criminal organization responsible for the killing of at least four people. Băhăian became notable in the 1990s when he scammed over 5000 people with bad checks though his company "Sabina Product", which is considered one of the biggest financial scandals in Romania during that decade. The damages were over 7 billion lei. In 1995 Băhăian fled to Hungary together with three accomplices, but he was caught, extradited, and sentenced to five years in jail in 1998. He was released