Boxing tycoon and wife charged with mortgage fraud and money laundering

Boxing tycoon and wife charged with mortgage fraud and money laundering




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A multi-millionaire boxing tycoon, already facing charges of mortgage fraud and obtaining money illegally, has appeared in court again, this time to accompany his wife who faces similar charges.

Barry and Jackie Hughes appeared in Glasgow Sherriff Court on Friday afternoon, as Jackie, 34, was accused of three charges of deception, including mortgage fraud and money laundering.
Jackie made no plea or declaration and was released on bail, Barry attended in support of his wife.
Earlier this year Barry, 31, was charged with mortgage fraud relating to former homes in Kilmacolm, Langbank and Brookfield, and Jackie has faced a three hour grilling over the homes since.
Last month police raided the pair’s current home, a multi-million pound property owned by taxi tycoon Steve Malcolm, which they rent for £4,000 a month. They took a range of assets from the property, including boxing memorabilia, Jackie’s wedding dress, a £100,000 Range Rover and TV sets. The pair have also had their bank accounts frozen.
Speaking to The News of the World newspaper, Jackie protested her innocence and said: "I'm absolutely horrified to be accused of these offences. I am a law-abiding person, so it's pretty mind-blowing to be pulled into court on these charges.
"The stress is pretty intolerable. I've been through so much over the last few weeks.
"But I have a coping strategy in place – I'm thinking of my three children. I'm staying strong for my kids and for my husband."
Barry Hughes rose to fame and fortune through his management of boxing legend Scott Harrison, once world champion. Jackie manages various artists, including the girl group Atlanta who appeared on the X Factor, broadcast on Sunday night.

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