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Three Convicted in Pension Fraud Linked to Louis Tomlinson’s 2014 Doncaster Bid

Three men stand convicted in a case that cast the 2014 bid fronted by the singer as a cover for stolen pension funds.

Overview

  • Prosecutors told Leeds Crown Court the failed takeover was used to explain away missing pension cash to police.
  • About £3.7 million was taken from more than 200 pension pots over two years, and victims received roughly £1.3 million.
  • The 2014 crowdfunder raised about £600,000, including a £500,000 loan traced to a company run by one of the gang.
  • The proposed deal would have transferred 70% of Doncaster Rovers to Belize-based Sequentia Capital SA, which the court heard drew on stolen pension funds.
  • Louis Tomlinson and ex-chairman John Ryan are not alleged to have known of the fraud, and Kevin Phelan, Daniel Giles and Adrian Bashforth are due to be sentenced in January.