Page last updated at 07:45 GMT, Friday, 9 January 2009

Film con man ordered to pay 100K

Alex Swan
Alex Swan faces two years in jail if he does not pay

The man behind a project to build a film studio at St Agnes in Cornwall has been ordered to forfeit 100,000 at a court hearing.

Alex Swan, 46, was jailed in 2007 for fraudulently obtaining almost 2m from the Objective One fund which disperses EU money to businesses.

A judge at Truro Crown Court made the confiscation order under the Proceeds of Crime act.

Swan faces a two-year sentence if he does not pay the 100,000 as ordered.

Swan, of Kensington Mall, London, was jailed in 2007 for four and a half years, later halved on appeal.

At his trial at Truro Crown Court, Swan admitted four charges of forgery and seven of obtaining money by deception.

He was also banned from being a company director for 13 years.

The studios went into administration less than two years after forming.

The closure of the half-built St Agnes studios in 2004 was the European Objective One funding programme's most high-profile failure in Cornwall.

The court heard that the forgery charges were in connection with share documents used to convince the Government Office for the South West that the project should receive grant funding.



Print Sponsor


SEE ALSO
Studio director jailed for fraud
27 Apr 07 |  Cornwall
Studios boss admits 1.8m fraud
19 Mar 07 |  Cornwall
Studios boss faces fraud charges
06 Oct 06 |  Cornwall
Work starts on 5.7m film studio
19 Jul 02 |  Entertainment

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites


FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

BBC iD

Sign in

BBC navigation

Copyright © 2018 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific