Three individuals were today convicted at Southwark Crown Court as part of the Serious Fraud Office's investigation into JJB Sports plc (JJB). Christopher Ronnie, a former Chief Executive of JJB, was convicted alongside David Ball and David Barrington, who were beneficial owners of Fashion and Sport Ltd, a company that sold clothing brands and supplied stock to JJB.
A former director of investment firm Imperial Consolidated Group, convicted for his part in a global fund conspiracy, has today been ordered to pay a confiscation order of £1,458,317.65 from which all the money will be paid in compensation to victims.
The High Court has today refused an application by the Serious Fraud Office for a Voluntary Bill of Indictment in the matter of R v Evans, Whiteley, Bodman, Davies, Walters and Humphreys. We accept the court's judgment, which now brings the prosecution to an end.