Ticketing fraudster faces additional six years in prison

August 2014

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Terence Shepherd who was convicted of money laundering, fraudulent trading and acting as a director whilst disqualified for his part in the £3.7 million Xclusive ticket scam in 2011, had been handed an additional six year term on top of his current 8 year prison term havening paid over just £103,334 of a £1 million confiscation order. District Judge Tan Ikram said Shepherd had “culpably neglected or wilfully refused’ to pay the full sum saying he was not in a position to grant any further adjournments.   Audience  July 2014 Issue 174

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