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Millionaire McCormick guilty of fake bomb detector scam

23 April 2013 Last updated at 23:33 BST

Millionaire businessman James McCormick, 56, has been convicted at the Old Bailey of three counts of fraud after selling fake bomb detectors.

The Advanced Detection Equipment was based on a golf ball finder device and sold for up to $40,000 (£27,000) in Iraq, Georgia, Saudi Arabia and Niger.

McCormick, of Langport, Somerset, marketed the detectors to military, governments and police and the UN, making an estimated £50m.

Caroline Hawley reports.