Tony Colston-Hayter: 'Acid House king' jailed for £1.25 million bank cyber fraud

The leader of a cyber gang which plundered £1.25 million from British banks has been jailed for five and a half years.

Other members of the group were also handed substantial prison terms at London's Southwark Crown Court for their roles in the audacious fraud.

Tony Colston-Hayter, 48, threw Acid House raves in the Home Counties which sparked controversy in the late 1980s.

He led the gang which used a "Trojan horse" device to hijack computers at branches of Barclays and Santander and siphon off cash.

They also stole credit and bank card details from around one million intercepted letters and used them to splash out on Rolex watches and designer jewellery worth more than £1 million.