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Essex Boys traders who made £570m betting on oil prices enjoy high life as investigators probe coup


A group of British traders known as the Essex Boys who made £570million in one day while betting on oil prices are facing scrutiny over how they pulled off their coup.

The group – many of whom are based in the upmarket Essex village of Theydon Bois – have gone on to live lives of luxury since their eye-watering payday on April 20, 2020.

Elliott Pickering is thought to be one of the group’s biggest winnings, having reportedly netted $100million or £81.5million.

He has since set up his own racing company and spends his time driving £250,000 Ferraris competing at elite events on the racing circuit.

Meanwhile, Harry Lunn, 28, went in another sporting direction and founded a new international polo team which has since flown to Argentina to compete.

Aristos Demetriou, believed to be another big winner who entered the world of trading while working in a supermarket car park, now lives in a mansion near a golf course with cars worth £167,000 outside, according to the Times.

A group of British traders known as the Essex Boys who made £570million in one day while betting on oil prices are facing scrutiny over how they pulled off their coup. Pictured: Elliot Pickering who has now entered the racing world thanks to his £81.5million victory in 2020

A group…



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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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