Modern Life: "Man Convicted of Fraud Over Fake Bomb Detectors"

This boggles the mind:
A British businessman who sold the Iraqi security forces more than 6,000 fake bomb detectors based on $20 golf ball finders bought from the United States was convicted of fraud on Tuesday in Britain’s central criminal court.
The businessman...made more than $75 million from sales of the fake device in Iraq and Georgia, among other places, claiming they could detect bombs, drugs, currency and ivory, and track objects up to 3,280 feet below ground. 
The devices, sold for up to $40,000 each, had no working electronics and were completely useless. They were widely used at checkpoints in Iraq, giving a false sense of security. An Iraqi general...former head of the Baghdad bomb squad, has been jailed in the scam, along with other police officials.
I read it here