Newcastle businessman Lemuel Page.
FOR years Newcastle man Lemuel Page spun a web of deceit involving failed investments that left him owing friends and former associates $17 million.
But in the end it was a cheap cubic zirconia ring that landed the property developer turned fraudster in jail.
The 48-year-old Mercedes-driving businessman’s past includes a shareholder arrangement with ex-bikie boss Sam Ibrahim, the oldest brother of Kings Cross nightclub owner John Ibrahim.
Page graced the news pages in 2010 when he was in a costly stoush with council over a bid to redevelop the former Lynch’s Prawn site.
His unreported history can now be detailed after one of his deals, in which he sold his friend a fake diamond ring for $85,000, she…
Read the full article at: http://www.theherald.com.au/story/4806610/fake-wedding-ring-brings-down-newcastle-fraudster/