Ex-JJB Sports CEO jailed for 'greedy' £1 million fraud

Former JJB Sports chief executive Christopher Ronnie has been jailed for four years today for gaining £1 million in a "very greedy fraud".

The 52-year-old, who was £11 million in debt to an Icelandic bank when he pocketed money from suppliers to the sportswear giant, used some of the money to buy property in Florida, the court heard.

The businessman, of Wilmslow, Cheshire, was convicted last month of fraud over three six-figure cash payments from suppliers to JJB when he was at the helm in 2007 and 2008.

Judge Nicholas Loraine-Smith told London's Southwark Crown Court: "This was a flagrant and disgraceful breach of your duty as a CEO of a public limited company."