Wednesday, 2 May 2007

EDUCASHUN NEWZ (Private Eye No 1183)

College fraudster Stuart Spacey, currently serving 18 months for conspiracy to defraud a subsidiary of Barnsley College (Eyes passim), has been ordered to pay a £470,063 confiscation order or face an increased jail term of up to 4 years.

Spacey pleaded guilty last year of conspiring with the then college principal David Eade to defraud Progress Training over seven years through the operation of bogus sub-contractors. The case against Eade has been left on file on the grounds that he is not well enough to stand trial.

That's my old college. Great.