Ex-accountant given extra jail time

John Michael Prescott was sentenced to four years in prison for defrauding his victims out of �220,000
John Michael Prescott was sentenced to four years in prison for defrauding his victims out of �220,000
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AN ex-accountant has had his jail term extended after he failed to satisfy a Proceeds of Crime Act Order to repay over £200,000 to the victims of his crimes.

John Michael Prescott (pictured), 63, of Manor House Drive, Skelmersdale, whose family practice was in Morecambe, is currently serving a four-year sentence for fraud and theft.

He appeared in front of Judge Hughes in Carlisle Crown Court in July 2011 where he was found to have benefited from a total of £230,179.84 and was ordered to repay a total of £230,000 to his victims.

He paid back £30,000 during the criminal investigation, so he was ordered to pay £200,179.84 in compensation to two of his victims. This amount covers the total he stole from them, plus interest.

Prescott had six months to repay the total sum but failed to do so.

As a result, he appeared in Bolton Magistrates Court on March 20 where magistrates ordered his prison sentence to be lengthened by 936 days – approximately two years and eight months.

This additional sentence will start when his original sentence is due to end in June 2012.

Prescott’s outstanding debt will stay with him until he repays his victims in full and the Crown Prosecution Service and Police will work together to ensure the confiscation order is satisfied.