A jailed businessman who owned property in Runswick Bay has been ordered to repay over £23,500.
Jonathan Guy Brudenell was jailed for five years and four months in June 2013 after conning business associates out of £1.24m.
A confiscation hearing held at Teesside Crown Court last Friday has now ordered Brudenell to repay £23,595.99, which is the total of his realisable assets, under the Proceeds of Crime Act.
Detective Inspector Ian Wills of North Yorkshire Police’s Financial Investigation Unit, said: “Brudenell took his friends and associates into his confidence and conned them out of hundreds of thousands of pounds in his attempt to keep up a lavish lifestyle.
“Not only is he having to face up to his criminality inside a prison cell, but his remaining assets have now been confiscated. This is a clear warning to the potential consequences to anyone who believes they are above the law.”
Brudenell was found to have benefited from his crimes to the value of £1,445,480 and should he come into funds at a later date, he will be liable to repay more.
Det Insp Willis added: “The confiscated £23,595 will be used to compensate his victims, something which gives us immense satisfaction, albeit just a fraction of the amount they lost.”
Brudenell has been given six months to repay the money. If he fails, he will face a further 12 months in prison.
Brudenell owned a property in Runswick Bay, as well as another home in Leeds.
At two Crown Court hearings in November 2012 and April this year he pleaded guilty to 11 offences of fraud.
He was given four years and eight months’ imprisonment for the fraud offences and sentenced to a further eight months for perjury.
Brudenell was a well-known North Yorkshire businessman who was prominent in society and moved in well-to-do circles.
On the face of it he appeared to be a wealthy and successful property developer who led a luxury lifestyle with beautiful homes, cars and a helicopter.
However his lifestyle was a lie, covering up spiralling debt and unsustainable borrowing and three of his businessmen friends became victims of his attempts to keep up this façade.