Boxing promoter Barry Hughes and wife face fraud trial
- 7 June 2011
- From the section Glasgow & West Scotland
Boxing promoter Barry Hughes and his wife have appeared in court together to face mortgage fraud charges.
The 32-year-old millionaire and his wife Jacqueline, 35, from Renfrewshire, are alleged to have lied about incomes on mortgage applications.
They also face charges under the Proceeds of Crime Act for profiting from the sale of the properties they bought.
They both denied the charges during a hearing at Glasgow Sheriff Court.
Defence lawyer Iain Fleming, representing Mr Hughes, asked the court to adjourn the case until later in the year for further investigations.
Sheriff Linda Ruxton granted the adjournment and a trial was set for October.
The couple are alleged to have lied about Mrs Hughes' earnings in several mortgage applications for amounts totalling almost £1.5m.
The pair are also accused of profiting from the sale of properties in Brookfield and Bridge of Weir.
Mr Hughes also faces charges of paying £81,000 towards a car and buying a £30,202 watch using some of the alleged illegal profits.
His wife faces a further charged of gaining £25,000 from renting out a property in Kilmacolm.