Ernest Saunders
Ernest Walter Saunders (born 21 October 1935) is a British former business manager. He became known in the UK as one of the "Guinness Four", a group of businessmen who attempted fraudulently to manipulate the share price of the Guinness company. He was sentenced to five years' imprisonment, but released after 10 months as he was believed to be suffering from Alzheimer's disease. He subsequently recovered.
Ernest Saunders | |
|---|---|
| Born | Ernest Walter Schleyer 21 October 1935 |
| Nationality | British |
| Occupation | Business manager |
| Known for | One of the "Guinness Four" |
| Criminal status | Released after 10 months |
| Spouse | Carole Ann Stephing |
| Children | Two sons and one daughter |
| Criminal charge | Conspiracy to contravene section 13(1)(a)(i) of the Prevention of Fraud (Investments) Act 1958, false accounting and theft |
| Penalty | Five years' imprisonment |
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