Businessman in 34m VAT fraud ordered to pay back just 1m after blowing the rest on lavish champagne lifestyle

Businessman in 34m VAT fraud ordered to pay back just 1m after blowing the rest on lavish champagne lifestyleThomas Scragg, 56, has been jailed for 17 years He has been convicted of leading one of the biggest scams in British fraud history The career criminal spent 14 million living the high-life | UPDATED: 15:06 GMT, 5 December 2012 Champagne lifestyle: Thomas Scragg has been told to pay back just 980,000 after conning UK tax officials out of 34m A businessman who masterminded a 34million VAT scam has been ordered to pay back just 980,000 after a court heard he had blown the rest on a lavish champagne lifestyle. Thomas Scragg, 56, was jailed for 17 years after being convicted of leading one of the biggest scams in British fraud history.

Jimi Hendrix"s favourite guitar which he switched before setting cheaper version on fire sells for 250,000

Hey dough! Jimi Hendrix's favourite guitar which he switched before setting cheaper version on fire sells for 250,000 Hey Joe guitarist tricked his fans into thinking he'd set fire to guitarInstead he switched it for cheaper model moments beforeIconic instrument was sold at London auction for 250,000 | UPDATED: 15:19 GMT, 28 November 2012 One of the most famous rock 'n' roll guitars – that was so good Jimi Hendrix couldn't bring himself to burn it – has sold for almost 250,000. The musician tricked his fans into thinking he had set fire to his favourite electric guitar on stage at a famous concert. Instead, he switched it for a lesser model seconds before dousing it in lighter fluid as a stunt to mark the end of his set at the Monterey International Pop Festival in 1967