JJB chief found guilty of £1m fraud

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Published: Thursday 20th November 2014 by The News Editor

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The former chief executive of JJB Sports has been convicted of accepting more than £1 million in backhanders from suppliers.

Christopher Ronnie, 52, showed no emotion in the dock as he was found guilty of fraud over three six-figure cash payments from companies doing business with the sportswear giant when he was in charge in 2007 and 2008.

Southwark Crown Court in London heard that the payments, some of which were used to buy property in Florida, were not disclosed to the company board by Ronnie, of Wilmslow, Cheshire, who was £11 million in debt to Icelandic banks at the time.

The businessman, who did not give evidence in his own defence, was convicted of three counts of fraud, and two of furnishing false information after a trial lasting more than eight weeks.

It took the jury nearly 35 hours of deliberations to deliver its unanimous guilty verdicts against him.

Published: Thursday 20th November 2014 by The News Editor

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