Tag Archives | Jim McCormick

Fake Bomb Detector Conman Released from Jail

By John Lee. The British conman who made an estimated £50 million from selling fake bomb detectors in Iraq has reportedly been freed from jail. According to The Sun, James (Jim) McCormick claims that his fortune and lavish lifestyle has disappeared, and that a lawnmower is now his only possession. Security officials believe his scam […]

Fake Bomb Detectors still Endanger Iraqis

By Shukur Khilkhal for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In 2007, the Iraqi Interior Ministry imported 7,000 ADE651 bomb detectors in a deal with British businessman James McCormick. Though widely used at Iraqi checkpoints, these devices have not helped stop the bombings in Baghdad […]

Money from Fake Bomb Detectors Repatriated

By John Lee. Iraq's Commission of Integrity has reportedly repatriated five billion Iraqi dinars [$4.3 million] that were smuggled to Lebanon. According to Aswat al Iraq, the money, in addition to some real estate investments, were illegally obtained by British businessman James (Jim) McCormick, who was sentenced to 10 years in prison in Britain for […]

$84m from Fake Bomb Detector Scam

A British businessman has been found guilty of an $84-million fraud involving the sale of fake bomb detectors to Iraq and other countries. A jury found Jim McCormick guilty on three counts of fraud over the scam, which involved passing off novelty golfball finders, containing no functioning electronics, as bomb detectors. They "ADE651" detectors were […]