Friday, July 06, 2012
Fraudster ordered to repay over £250k
Eric Scragg, a car dealer from Hyde, Greater Manchester, jailed in December 2010 for a string of thefts and frauds perpetrated against private customers and finance companies has been ordered to repay £258,511.
Originally sentenced to 14 months in prison, Scragg faces a further three years behind bars if he fails to repay the amount ordered by Manchester Minshull Street Crown Court.
Scragg owned Village Car Sales in Cheadle, between 2003 and 2007, selling cars on behalf of individuals without passing on profits. He would stall on repayments to customers and used false details to set up fraudulent agreements with finance companies on vehicles.
The repayment comprises the initial estimate of £215,000 illegally obtained by Scragg, including a BMW worth £32,000, a Mercedes CLK worth £20,000, and an Audi A4 worth £19,000, plus interest.
DATED: 06.07.12
FEED: MF
