Martin Rhys-Jones, the father of Bale's fiancée Emma, has been sentenced to six years in prison by a court in the United States.
Gareth Bale's future father-in-law has been jailed for six years in the United States over a multi-million pound shares scam.
Martin Rhys-Jones, the father of Bale's fiancée Emma Rhys-Jones, admitted money laundering in a $2.9m fraud earlier this year.
Rhys-Jones, 52, and his associates conned investors into buying almost worthless shares at hugely inflated prices.
Salesmen working for him in Barcelona used high pressure tactics to sell shares that were restricted and worth almost nothing, the Mirror reported.
About 250 people were scammed, the court in Buffalo, New York, was told.
'Fraud plain and simple'
The sums involved ranged from about $2,000 to more than $360,000 in one instance.
Rhys-Jones, of Cardiff, was prosecuted in the US as some of the cash went through an account in New York state before being moved overseas.
US District Judge Elizabeth Wolford said he engaged in “fraud plain and simple” in the three-year scam with 250 victims in the UK, US and Canada.
He admitted money laundering. Judge Wolford said he was “motivated by greed and self interest and didn’t take into account the people you were harming.”
Rhys-Jones was in a Spanish prison from May 2012 to March 2013 before being extradited to a US jail. He has already spent four years, three months behind bars.
Eleven others charged
Rhys-Jones is a father-of-five who is reported to have left Cardiff for Barcelona in 2005.
His daughter Emma has been Gareth Bale's partner since she and the football star were at Whitchurch High School in Cardiff together.
According to the Mirror, friends said their wedding was postponed in the hope Emma's dad could attend.
Eleven others were charged including British model Jamie-Lee Church.
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