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PRIVACY
Economic Development

'Fraud factory' boss must pay £350k or face more jail time

Director told to pay up just days from the end of his sentence after running fraud scam which fleeced people out of millions in elaborate yacht ownership scheme

Andrew Harris (left) and David Evans

The boss of a "fraud factory" has been ordered to pay £350,000 just days before he was due to be released from prison - or face another two-and-a-half years inside.

Crooked Andrew Harris intended to defraud people out of millions of pounds by selling "fractional ownership" of three holiday yachts and maintenance fees.

He and David Evans, his fellow director in Shakespeare Classic Line, based at the Nunhold Business Centre, in Hatton, near Warwick, originally denied a charge of fraudulent trading.

But Harris, now 56, of Henley Road, Alcester; Evans, of Longdon Road, Shrewsbury; and the company itself were all convicted after a nine-week trial at Warwick Crown Court in 2013.

Harris was jailed for four-and-a-half years in November 2013, while Evans, who was then 68, was given a suspended 21-month sentence.

A Proceeds of Crime Act hearing against Harris and sentencing of Shakespeare Classic Line were adjourned for a long-running investigation into its respective finances.

Now judge Alan Parker has ruled that Harris and Shakespeare Classic Line each benefited from their crime to the tune of £550,000 - a total of £1.1 million.

Prosecutor Tony Watkin said Harris had available assets, including cash in a bank account and property, worth £350,000.