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Melksham car trader convicted of fraud
5:51pm Friday 20th September 2013 in Melksham
A car dealer who bounced a series of cheques paid to an auctioneer has been warned he could face the prospect of a jail term.
Miles Eglin made four failed payments to Aston Barclay Westbury during a three week period in the summer of last year.
But the 45-year-old fraudster insists the first two were sent in good faith, as he hoped someone was going to deposit money into his account.
However as time went on it became clear that there not the money to settle the debt for the vehicles he had bought.
Eglin, of Shaw Hill, Melksham, pleaded guilty to a charge of fraud when he appeared at Swindon crown court today.
Chris Smyth, defending, said that the total loss to the auction house was in the region of £53,000.
He said "When he wrote the first cheque he thought funds would be coming in. He accepted the position changed when he wrote the third and fourth.
"The second, he said he thought funds would still come in and accepts it was a rather foolish thing to put in."
Mr Smyth said there were examples in the past of people paying sums as large as £60,000 into the account.
Eglin, he said, would often buy cars knowing he already had purchasers for them so it was not unusual for funds to come in like that.
Hannah Squire, said the prosecution, was prepared to accept he believed the first cheque would be honoured but was sceptical about the second.
She said it covered the first bouncing as well as other cars he had bought in the interim so he must have known there was a problem.
However she said the difference in the amount the victim was out of pocket was the same so there would be little difference to the sentence passed.
Recorder Michael Bowes QC said that he would not order a trial of issue to find out the truth about the third cheque.
Adjourning the case he said "I am certainly going to order a pre-sentence report: all options are to remain open."
He released Eglin on conditional bail to Friday October 18 when he is due to face sentence.