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.
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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.
richard.brown@vrlfinancialnews.com
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