Former JJB Sports PLC head ordered to pay confiscation
17 December, 2015 | News Releases
Convicted fraudster Christopher Ronnie, who was jailed in December 2014 after being found guilty was today ordered to pay a confiscation order of £632,662.31 at Southwark Crown Court.
The SFO’s investigation centred on Mr Ronnie’s failure to declare his interest in contracts entered into by JJB Sports with Fashion and Sport Ltd.
Christopher Ronnie was ordered to pay the full amount within three months or serve a prison sentence of five years in proceedings heard before HHJ Loraine-Smith.
Commenting on today’s result Mark Thompson, Head of the SFO’s Proceeds of Crime Division said:
“The SFO is committed to ensuring that fraudsters do not retain the benefit of their crimes. We will take steps to make sure the order is satisfied within the period set by the court.”
Notes to editors:
- On 20 November 2014, Mr Ronnie, a former Chief Executive of JJB Sports PLC, was convicted of three counts of fraud contrary to section1 of the Fraud Act 2006; and two counts of furnishing false information contrary to section 17(1)(b) of the Theft Act 1968. On 15 December 2014 he was sentenced to four years’ imprisonment.
- Further information about this case is available from the following:
- Barry Stancombe of the Chambers of Andrew Mitchell QC, was instructed by the SFO in proceedings today.