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Article: PAYBACK TIME; EXCLUSIVE ...for the fraudster who made almost pounds 438,000 from his crime.(News)
- Article from:
- Evening Gazette (Middlesbrough, England)
- Article date:
- October 15, 2008
CopyrightCOPYRIGHT 2008 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: By GARETH LIGHTFOOT
A HIGH-LIVING fraudster who swindled dozens of vulnerable debtors made almost pounds 438,000 from crime, a judge has ruled.
John Peers' criminal gains dwarf the tens of thousands of pounds which investigators were previously able to pin to his debt-management fraud.
He has been ordered to pay the state almost pounds 150,000 - of which more than pounds 56,000 is expected to be paid in compensation to 26 victims.
Peers, 37, was a company director who cheated his clients after offering the answers to their financial prayers.
His ...