Chit Chat
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11 Jun 15
14:03
Joined:
Date Joined:
05 Apr 06
What was his forum name?
Banned from the bookies, Bailey turned his hand to online betting exchange Betfair – where punters can bet against themselves – using numerous other people’s accounts after his own was blocked.
John Bailey betting con reconstruction November 2002John Bailey betting con reconstruction November 2002
Bailey said: “I just opened accounts in other people’s names with the knowledge of other people – many, many accounts, even accounts that haven’t been mentioned in this case.”
A jury dismissed his defence that his victims knew how their money was being used and convicted him of five counts of fraud between 2009 and 2013. He was cleared of a further three charges.
Andrew West, who prosecuted the case, told the jury Bailey first took money off people by lying, on his own or with an accomplice, before telling them it was for gambling.
He said Bailey then he told them to give him more money or they wouldn’t be able to get the original investment back.
Large amounts of this money went through other people’s accounts and only a few thousand pounds of it was ever returned.
His victims now face an anxious wait to see if any of their losses can be recouped through the Proceeds of Crime Act.
Mr West said: “John Bailey used his powers of persuasion to encourage people to ‘invest’ in him and his alleged businesses. However, instead he used these sums of money to fund his prolific, and disastrous, gambling habit.
“This was entirely dishonest. Not only did he lie to investors in order to gamble with their money, he also then demanded further betting money from them, in order to regain their original savings that he had lost. This cycle of debt continued with some victims losing hundreds of thousands of pounds. One victim lost just over £2m.
“Far from appreciating the damage he had wrought, John Bailey continued to gamble and deceive investors, breaching a previous ban of holding a specific betting account. Known as the ‘Pencil Man’ because he always carried a pencil when visiting betting shops, he has now been held to account for the substantial losses and distress he caused his victims.”
Banned from the bookies, Bailey turned his hand to online betting exchange Betfair – where punters can bet against themselves – using numerous other people’s accounts after his own was blocked.
John Bailey betting con reconstruction November 2002John Bailey betting con reconstruction November 2002
Bailey said: “I just opened accounts in other people’s names with the knowledge of other people – many, many accounts, even accounts that haven’t been mentioned in this case.”
A jury dismissed his defence that his victims knew how their money was being used and convicted him of five counts of fraud between 2009 and 2013. He was cleared of a further three charges.
Andrew West, who prosecuted the case, told the jury Bailey first took money off people by lying, on his own or with an accomplice, before telling them it was for gambling.
He said Bailey then he told them to give him more money or they wouldn’t be able to get the original investment back.
Large amounts of this money went through other people’s accounts and only a few thousand pounds of it was ever returned.
His victims now face an anxious wait to see if any of their losses can be recouped through the Proceeds of Crime Act.
Mr West said: “John Bailey used his powers of persuasion to encourage people to ‘invest’ in him and his alleged businesses. However, instead he used these sums of money to fund his prolific, and disastrous, gambling habit.
“This was entirely dishonest. Not only did he lie to investors in order to gamble with their money, he also then demanded further betting money from them, in order to regain their original savings that he had lost. This cycle of debt continued with some victims losing hundreds of thousands of pounds. One victim lost just over £2m.
“Far from appreciating the damage he had wrought, John Bailey continued to gamble and deceive investors, breaching a previous ban of holding a specific betting account. Known as the ‘Pencil Man’ because he always carried a pencil when visiting betting shops, he has now been held to account for the substantial losses and distress he caused his victims.”
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Replies: 13
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http://www.liverpoolecho.co.uk/news/liverpool-news/recap-the-pencil-man-john-9431879 |
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About time he got put away for a long time. Scumbag.
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Yep, nine years is a good effort by the judge. Makes a change. Newspaper calling the scumbag a 'pro gambler' is so wrong, 'professional conman' is the correct term.
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Always had a couple of blondes on his arm when he played for Everton..
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this pleases me
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Good news.
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A violent bully, hope he gets his sphincter stretched in the big house.
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Jed, clearly knows him. Couldn't agree more, a really nasty piece of sh1t.
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I don't know him pixie, but I know he wasn't above threatening female and elderly cashiers.
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pixie
are you familiar with a Delroy Devine ? serving life for murder ? |
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Never personally had the pleasure of having dealings with Delroy Devine, who if memory serves me correctly is doing time for murdering somebody with a screwdriver. Once had an altercation with The Pencil Man, who like all bullies backed down big time when he realised he'd bitten off more than he could chew!
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The Pencil Man's forum name was , erm , 'The Pencil Man' .
Someone started a thread on him on the horse forum and he joined in on page 2. There then followed 12 pages of 'banter' between him and the betting shop managers he'd tried to scam. It was quite an entertaining thread tbh before the mods noticed. That was in 2009 , expect he had more subtle names afterwards. |