Accountant to repay Ponzi scheme victims
A former accountant who helped John Hirst swindle investors out of millions of pounds has been ordered to pay back more than £90,000 in compensation.
In August last year Hirst was jailed for nine years after funding a lavish lifestyle in Majorca through his £10m ‘Ponzi’ investment scheme.
His accounting accomplice, Richard Pollett, was also jailed for six-and-a-half years after he was found guilty of conspiracy to defraud.
According to the Huddersfield Examiner, Pollett was recently brought back to Bradford Crown Court from prison so that a judge could make a confiscation order against him under the Proceeds of Crime Act (POCA).
Judge Jonathan Durham Hall QC, agreed to...