A FORMER mayor of Glastonbury has been jailed for 42 months for his involvement in a £20m foreign currency investment scam.Edward James, 75, was at the helm of doomed currency exchange companies Crown Currency Exchange and Crown Holdings Limited.James was the 'number two' to long-term friend and business owner Peter Benstead, 72, who killed himself during his trial earlier this year.Together they used new customer cash to pay off old clients for two years before the companies collapsed in...
