Business: Former Northampton Town owner charged with fraud relating to £10m loan

17 Jan 2025 2:23 PM | Anonymous member (Administrator)

David Cardoza, the former chairman of Northampton Town, has been charged, alongside his father, with fraud in the long-running investigation into £10m of public money loaned to the club for a new stand that was never completed.

Cardoza, 54, is one of five men with former links to the redevelopment of Sixfields Stadium due to appear in court on Thursday charged with several counts of fraud and money laundering a decade after the money went missing.

It will be the first time anyone has been brought before the court directly in relation to Operation Tuckhill, Northamptonshire police’s investigation into what happened to the £10.75m loaned by the local council to the club in order to develop a new stand and a hotel.

https://www.theguardian.com/football/2025/jan/15/former-northampton-town-owner-david-cardoza-charged-fraud

         twitter   linkedin

Midlands Fraud Forum Ltd. Reg.No: 06436330
Copyright © 2024
Disclaimer & Privacy Policy

Powered by Wild Apricot Membership Software