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Con artist admits £2m fraud spree | Con artist admits £2m fraud spree |
(19 minutes later) | |
A woman who tricked some of Europe's top auction houses and boutiques out of £2m worth of paintings, jewellery and antiques is facing jail. | A woman who tricked some of Europe's top auction houses and boutiques out of £2m worth of paintings, jewellery and antiques is facing jail. |
Shahra Marsh, 52, lived the high life for seven years at expensive flats in London's Docklands, Isle of Dogs, Bayswater and Mayfair. | Shahra Marsh, 52, lived the high life for seven years at expensive flats in London's Docklands, Isle of Dogs, Bayswater and Mayfair. |
Auctioneers Bonhams, Christie's and Sotheby's and boutiques in Paris were given cheques that later bounced. | Auctioneers Bonhams, Christie's and Sotheby's and boutiques in Paris were given cheques that later bounced. |
Marsh pleaded guilty at Southwark Crown Court to fraud and concealing goods. | Marsh pleaded guilty at Southwark Crown Court to fraud and concealing goods. |
This woman amassed a vast quantity of stolen property through complex and protracted criminal methods Det Con Marek Coghill | |
She admitted 20 offences committed between May 2005 and July 2007. | She admitted 20 offences committed between May 2005 and July 2007. |
It can also now be reported that she pleaded guilty to 18 similar counts at previous court appearances. | It can also now be reported that she pleaded guilty to 18 similar counts at previous court appearances. |
Marsh will be sentence on Thursday. | Marsh will be sentence on Thursday. |
'Committed criminal' | |
The court was told Marsh used aliases including Shara Sylvia Marsh De Savigny - the name implied links to the French aristocracy - as part of her fraud between 2001 and 2008. | |
Officers discovered the haul of stolen goods at a storage facility | |
She would charm shop assistants and convince them that she was a genuine customer with money to spend. | She would charm shop assistants and convince them that she was a genuine customer with money to spend. |
Detectives said Marsh had acquired a detailed knowledge of the bank clearing system process and would pick up the goods sometimes hours before the cheques were revealed to be worthless. | |
Police recovered jewellery worth £770,000 in a safe deposit box as well more than £1m of stolen art, antiques and jewellery in a storage facility in east London. | |
The most expensive single item found by investigating officers was a £69,000 diamond ring. | |
Speaking outside court, Det Con Marek Coghill from City of London Police said: "I'd say the skills that she employed in doing this and the dedication she put into it, only come from a committed and calculated organised criminal." | |
He added: "This woman amassed a vast quantity of stolen property through complex and protracted criminal methods." |