Pro-Brexit film producer ordered to pay back £327,600 after fraud conviction

PUBLISHED: 12:46 07 September 2020 | UPDATED: 14:16 07 September 2020

Brexit: The Movie was screened before the EU referendum and the producer David Shipley (right). Photograph: Twitter/PA.

Brexit: The Movie was screened before the EU referendum and the producer David Shipley (right). Photograph: Twitter/PA.

Archant

The producer of Brexit: The Movie has been ordered to pay back £327,600 after being convicted of lying to secure a £519,000 loan from a business belonging to Dragon’s Den entrepreneur James Cann.

Become a Supporter

Almost four years after its creation The New European goes from strength to strength across print and online, offering a pro-European perspective on Brexit and reporting on the political response to the coronavirus outbreak, climate change and international politics. But we can only continue to grow with your support.

David Shipley was jailed for three years and nine months after pleading guilty to fraud by false representation between June 12 and September 5 2014.

His pro-Brexit documentary was released a month before the 2016 referendum, and featured interviews with leading Brexiteers Nigel Farage and David Davis. The £300,000 budget for Brexit: The Movie was raised via crowdfunding.

Southwark Crown Court previously heard that Shipley edited images of his payslips and P60 to over-inflate his income in order to obtain money for a new finance firm he helped to establish.

The court heard that Shipley had set up corporate finance advisory firm Spitfire Capital Advisors Ltd with two other people, and in 2014 he contacted Resourcing Capital Ventures Ltd (RCV) for a £519,000 loan, of which £327,600 was paid into Shipley’s company.

Judge Martin Griffith said the defendant’s true income was just £19,928.

At a Proceeds of Crime Act hearing on Monday, prosecutor Gareth Munday said the agreed amount to pay back to RCV was £327,600 and that the available amount was £85.72.

Shipley appeared via video-link from Wandsworth Prison for the hearing, which lasted around five minutes.

Earlier this year Shipley was jailed for almost four years for the ‘gross dishonesty’.

Become a Supporter

Almost four years after its creation The New European goes from strength to strength across print and online, offering a pro-European perspective on Brexit and reporting on the political response to the coronavirus outbreak, climate change and international politics. But we can only rebalance the right wing extremes of much of the UK national press with your support. If you value what we are doing, you can help us by making a contribution to the cost of our journalism.

Become a supporter

You've seen the news, now discover the story

The New European is committed to providing in-depth analysis of the Brexit process, its implications and progress as well as celebrating European life.

Try 13 weeks for £20

Latest Articles

Most Read

latest issue

ANTI-BREXIT EVENTS

Find your nearest pro-European campaigning activities, talks, protests and events nationwide.