Serial confidence trickster and international playboy Peter Foster was jailed by a Brisbane court Friday on money laundering charges linked to a property deal in the South Pacific.

Foster, 45, will spend at least four years in jail after pleading guilty to fraudulently obtaining a bank loan of 234,000 US dollars from the tiny Pacific nation called the Federated States of Micronesia.

Australian police arrested Foster after he was deported from Vanuatu, where he had served time for entering without a visa.

Foster has been jailed in Australia, the United States and Britain for selling bogus slimming products - and will now return to an Australian jail.

In Britain he is best known for dating pin-up girl and singer Samantha Fox in the 1980s.

More recently he made headlines as "financial adviser" to Cherie Blair, wife of the former British prime minister. He helped her buy two apartments cheaply in the English city of Bristol, where her son was at university.