Scots 'King of Bling' who made £1m selling fake goods ordered to pay just £31k
dailyrecord.co.ukProceeds of crime prosecutors have accepted an offer of little more than £30,000 from a fake designer goods merchant who made more than a million pounds from flogging bogus bling.Conroy Lindsay, dubbed "Scotland's King of Bling", was jailed in September 2022 after trading standards officers investigated an advertiser on Gumtree promoting himself as "The Watch Seller".
They found his bedroom wardrobe stuffed with luxury watches, sunglasses, clothing and aftershave that would have been worth more than £650,000 if they hadn't been Chinese counterfeits.The case was then continued for confiscation action under the Proceeds of Crime Act to recover financial gains Lindsay made by the bogus goods scheme.
On Monday, Falkirk Sheriff Court heard that an agreement had been reached between the Crown and Lindsay's lawyers that the total proceeds of his general criminal conduct had amounted to £1,029,474.However his only recoverable assets were agreed to be his equity in a house in Dennyloanhead, Stirlingshire and a single -- genuine -- Rolex watch.
The court was told that the watch and his share in the domestic property were together worth £31,086.74p -- the so-called "available amount".Solicitor-advocate Stephen Biggam, defending, said it had been agreed that payment of this amount would bring the confiscation action to an end.
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