Former JJB Sports chairman and his son are bailed on fraud charges

Click to follow
The Independent Online

The former chairman of retailer JJB Sports and his son have been charged by the Serious Fraud Office in connection with allegations of forgery and making misleading statements during their time at the failed sportswear chain.

Sir David Jones, best-known for helping to rescue Next in the early 1990s, and his son Stuart appeared before Leeds magistrates' court yesterday to face the charges that relate to their time at JJB, before the retailer collapsed last September.

The SFO has accused Sir David of two offences of making a misleading statement to the London Stock Exchange and one of using a "false instrument" in 2009, contrary to the Forgery and Counterfeiting Act 1981. He was executive chairman of JJB for a year from January 2009.

His son, who was made head of marketing at JJB in February 2009, is accused of abetting his father's use of a false instrument. Both were released on unconditional bail until a Crown Court appearance on 19 April.