Scottish millionaire boxing promoter Barry Hughes has appeared in court accused with his wife of committing a £1.5m mortgage fraud.
It is alleged that Hughes and his wife Jacqueline, of Kilmacolm in Renfrewshire, lied about income on mortgage applications totalling almost £1.5m in order to buy three properties, according to reports. In addition, the couple face several charges under the Proceeds of Crime Act for profiting from the sale of two of the properties. Hughes and wife both denied the charges when they appeared at Glasgow Sheriff Court. The trial is set to begin 3 October, with the case adjourned to allow time for further investigations. It is alleged that the couple falsely stated in a mortgage applica...
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