Vulnerable victims were targeted during the investment fraud TWO fraudsters have been convicted for conning vulnerable victims out of a £2 million in a ‘boiler room’ fraud operation. Luke Ryan, 33, and Paul Seakens, 60, and were found guilty at the specialist court, Prospero House, Southwark, on Wednesday, on charges of running a business for fraudulent purposes. Seakens was also convicted of money laundering and proceeds of crime charges. Seakens and Ryan were directors of Enviro Associates, a company based in Southgate Street, Winchester, that used high pressure sales tactics to convince vulnerable people to buy Voluntary Emission Reduction (VERs) carbon credits. They used call operatives, making false claims about returns.