A conman who swindled nearly £50 million from investors to fund a jetset lifestyle was "deluded", a court has been told.Richard Clay, 50, blew a fortune on a fleet of expensive cars and even a helicopter while his projects haemorrhaged money. Clay and his partner Kathryn Clark, 53, from Edwinstowe, used Nottingham-based marketing company Arck LLP to push unregulated financial products on individuals and Independent Financial Advisors.The pair have admitted pocketing £47.5...
