Shamed former boxing tycoon Barry Hughes has agreed to stump up £3500 to a court – to get his dad’s watch back.
Hughes had been hit with a £53,000 Proceeds of Crime Order after admitting to a £1.3million mortgage fraud in 2014.
Prosecutors seized a string of assets, including eight designer watches.
After a further hearing into the case at Glasgow Sheriff Court, it emerged one of the expensive time-pieces had been a gift to Hughes’ dad, Donald.
His lawyer Michael Gallen told Sheriff Paul Crozier that Hughes would pay £3500 into the crime order for the watch to be returned.
This was agreed by fiscal Nadya Stewart.
Hughes, of Kilmalcolm, Renfrewshire, was jailed for 43 months five years ago.
But the jail-term was overturned and he was instead fined £45,000.
Ex-boxing champion, promoter and manager Hughes has convictions for carrying a knife, assault, mortgage fraud and money laundering.
He was manager of troubled boxing icon Scott Harrison, who was jailed in Spain in 2009 for assault and attempted theft of a car.
Hughes, a dad of five, has claimed he’s been the victim of “a witch-hunt” and refuted suggestions he’s a gangster.
Last year, the former security firm boss, who went bankrupt over almost £10million in unpaid tax, was secretly filmed driving into a gated private enclave in Auchterarder, Perthshire – one of Scotland’s most expensive streets.
.jpg?w=600)
