Connect with us

Hi, what are you looking for?

Editor’s Pick

James Stunt cleared of forgery but faces money-laundering retrial

James Stunt, the socialite and former son-in-law of Bernie Ecclestone, faces a retrial over his alleged role in a £260 million money-laundering scam after the jury failed to reach a verdict.

Stunt, 40, who was married to the British model Petra Ecclestone, 33, for six years, was also found not guilty of forgery at Leeds Cloth Hall court.

He was one of eight defendants on trial over an alleged criminal network under which, prosecutors said, £266 million was deposited in the bank account of the gold dealership Fowler Oldfield from 2014 to 2016.

Four of the defendants were cleared of money laundering: Paul Miller, 45; Heidi Buckler, 45; Alexander Tulloch, 41; and Francesca Sota, 34. The jury was unable to reach verdicts on the money-laundering charge against four others including Stunt. They now face retrial.

Stunt married Petra Ecclestone in 2011. The couple had three children before divorcing in 2017.

In October the court was told that during Stunt’s alleged involvement with the scam he posed for photographs with the King. Between 2014 and 2016 he gave £140,000 to charities run by Charles, then Prince of Wales, the court was told.

Stunt claimed to have had several high-profile visitors to his Mayfair office, including David Cameron, who was prime minister at the time, and Middle Eastern royalty. Stunt at one stage told the court: “I knew the prime minister intimately.” A retrial date is yet to be announced.

He previously told the court he had become a “reclusive pariah” after the judge froze his bank accounts. Stunt claimed the order left him bankrupt and homeless. The decision to freeze his assets was a “draconian act”, Stunt said.

Asked by Nicholas Clarke KC, for the prosecution, about his claims during evidence that the seizure of his assets was illegal, Stunt said: “When I say ‘illegal’, yes, OK, that’s semantics: highly unethical, immoral.”

Clarke said that rather than being “homeless”, arrangements were made for Stunt to live in a five-storey property in South Kensington that had six bedrooms and a cinema room, and cost £9,995 a month in rent. Stunt said: “Yes, after three months my father decided to help out his son, and it’s humbling. I was homeless for three months.”

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!


Editor’s Pick

<?xml encoding=”utf-8″ ??> Aspect is the well-known property maintenance company in London that is recognised for its signature yellow and blue vans, which are...

Editor’s Pick

<?xml encoding=”utf-8″ ??> The Wakelet Microsoft 365 Children’s Parliament backed by The Express, is proud to announce that James Caan CBE, the former Chairman...


THE TOWERING BUILDINGS of Makati’s central business district are seen in the background in this May 13, 2020 file photo. — PHILIPPINE STAR/ MIGUEL...


A Philippines peso note is seen in this illustration on June 2, 2017. — REUTERS THE PHILIPPINES could benefit from the proposed Maharlika Investment...


PASSENGERS queue before the check-in counters at the Ninoy Aquino International Airport (NAIA) Terminal 3 after flights were canceled due to technical issues on...


By Arjay L. Balinbin, Senior Reporter METRO PACIFIC Investment Corp. (MPIC) expects to generate P500 million in revenue from its dairy business by 2025,...

You May Also Like


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.