A MILLIONAIRE retired advertising executive who helped a real-life 'Hustle' gang swindle dozens of pensioners out of their life savings faces jail.

  Derek Voysey, 63, was nicknamed 'Albert Stroller' by his fellow fraudsters after the wily conman played by actor Robert Vaughan in the hit BBC series.

The simple scheme saw teams of cold callers rang victims out of the blue and offer them a chance to invest in what they claimed was a lucrative property portfolio near the site of the 2012 Olympic Games in East London.

  The gang backed up their promises of high returns with glossy brochures and fake share certificates, and succeeded in raking in an estimated £286,000 in just six months.

  Voysey, of Magnolia Dene, Hazlemere, now faces jail after a jury at Southwark Crown Court found him guilty of supplying the phone lines the crooks used to prey on their victims.

He was found guilty of conspiracy to defraud but was cleared of another similar charge by jurors.

  The mastermind of the scam, 42-year-old Adrian Davison – whose own nickname was Robin Hood – pleaded guilty to conspiracy to defraud, as did accomplices Andrew Bingham, 72, and Patrick Golding, 29.

  Prosecutor James Norman said between August 2006 and March 2007 the gang raked in an estimated £286,000 from their property fraud.

  He said: “The fraudsters had hit upon a topical way of convincing victims they were investing in a worthwhile scheme, and that was by latching onto the upcoming Olympic Games in 2010.

  “Essentially what the fraudsters did was tell them: 'We own property in the area the Olympics are going to be, it's going to rocket in value, so you should invest in it'.

  “And that was the trick. That was the con.”

The court heard that the police have been able to contact 20 victims of the scam, most of them elderly, but that there are believed to be dozens more.

  Victims who agreed to invest would either transfer money directly to the bank account of the front company Almena Properties in Gibraltar, or to an address owned by Bingham in London.

  In an email to Davison, Voysey signed his message from 'Albert'.

  The court heard this was a reference to the nickname Davison had given him 'Albert Stroller', the charismatic elderly con artist in Hustle.

  Mr Norman said: “He says that the nickname is of no more significance than that he looks like the actor, Robert Vaughn.

  “The prosecution say it’s interesting that Mr Voysey’s nickname given to him by an acknowledged fraudster, was also that of a fraudster.”

  During the trial Voysey insisted that he had been manipulated by the other man, claiming he had only provided the phone lines and had no idea what they were being used for.

  The four men will be sentenced together at a later date.