Jailed Businessman Ordered To Pay £24,000 From Crime Proceeds

A jailed Stourbridge businessman has been ordered to pay more than £24,000 - money he pocketed from a drug trafficking racket and handling stolen goods.

Ross Richards, who’s currently serving a ten year prison sentence, had used an industrial unit in Wharf Road, Stourbridge, as a cover for a drug dealing operation. When police raided the unit they also recovered three stolen luxury cars and £116,000 worth of stolen property.

Richards, who owns 29 properties, is worth £4 million. He and his co-conspirators Stephen Hunt, of Edgehill Road, Eamon Henry, of Marston Road, Weoley Castle, and Laura Simmons, of Sir Hiltons Road, West Heath, were all found guilty of conspiring to supply cocaine in 2014 after a three-month trial, and Richards was also found guilty of the possession of stolen goods charge.

A judge ruled that Richards has three months to pay and will serve a six-month jail term if he fails to come up with the money.

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