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Last Updated: Friday, 7 May, 2004, 15:02 GMT 16:02 UK
Rock accountant jailed over fraud
Primal Scream
Primal Scream was one of the bands whose accounts Dixon managed
An accountant has been jailed for one year for taking more than 1m from rock bands Suede, Primal Scream and Echobelly to keep his company afloat.

Frank Dixon disguised his "massive" betrayal of trust by pretending he was paying the bands' tax bills.

In reality, the 46-year-old was "siphoning off" up to 50,000 at a time from their accounts, London's Harrow Crown Court heard.

Judge Edward Bailey described the 25 false accounting offences as "serious".

Success

The court heard that the success enjoyed by the three bands, and the fact they frequently toured overseas, enabled Dixon to get away with his deception between 1997 and 2000.

Dixon's business, FR Dixon, had expanded too quickly - leaving him with more clients than he could handle - and he repeatedly failed to bill his clients "as frequently as good practice dictated".

"But none of these reasons could possibly amount to an excuse for failing to properly look after your clients' money. It was your paramount duty," said Judge Bailey.

Dixon, from Highgate, north London, used the bands' money to pay wages, clear debts and stave off bankruptcy.

The circumstances of the case meant the time Dixon would have to spend in prison would be much shorter than might otherwise have been required, the judge added.

"A distinction must be made for a man who takes money from clients for wine, women and song and a man who takes money to keep his business afloat... I make that distinction your favour."

  • A former manager of rock band Tears For Fears has been jailed for three-and-a-half years for stealing 458,000 of investor's money.

    Paul King, 52, from Winkfield, Berkshire, spent money intended for the development of an "instant" sober-you-up cure.

    He was jailed and disqualified from being a company director for 10 years, at London's Southwark Crown Court on Friday.


  • SEE ALSO:
    Bands launch 'missing' money writ
    06 Sep 00  |  Entertainment
    Suede wow crowd at farewell gig
    15 Dec 03  |  Entertainment
    My Music: Echobelly's Sonya Madan
    24 May 01  |  Entertainment
    Ex-pop boss in 'drink cure scam'
    16 Mar 04  |  Berkshire


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