Jersey fraudster set to repay £740,000 to elderly victims

Pedro Gonçalves
clock • 1 min read

Disgraced Richard Arthur, the former managing director of Jersey-based accountancy firm BDO, could be ordered to pay its victims £740,000, after defrauding elderly Islanders out of millions of pounds to pay for lavish holidays, a London flat and a Formula One car.  Arthur was jailed in July 2018 for seven years after being found guilty of committing ten counts of fraud between 2002 and 2009. This week appeared before the Superior Number of the Royal Court for a confiscation hearing, the Jersey Evening Post reports. Crown Advocate David Hopwood is seeking a confiscation order of £740,0...

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