Blackrock investment executive Jonathan Burrows, 44, had hoped to keep his name out of the public eye and avoid prosecution by quickly reimbursing SouthEastern trains the full amount in unpaid tickets, accrued over five years, within three days of being caught.
He hit the headlines in April as the unnamed man who was caught by a ticket inspector swiping through the ticket barriers with his pre-paid Oyster travel card last November, failing to pay the full £21.50 rail fare on his daily commute from his East Sussex home to Londo
It then emerged that Mr Burrows had been buying an annual season ticket until 2008 from Stonegate, which has no ticket barriers, to Cannon Street, which costs around £4,500 a year for standard class. A standard daily single fare is £21.50.But he had then stopped buying season tickets, and only paid £7.20 for the brief final leg of his long train journey.
Mr Burrows thought that by promptly paying Southeastern trains the £42,550 he owed then he could keep his name secret.But when the story emerged in April, provoking anger that Southeastern had allowed Mr Burrows to quietly settle the matter without being prosecuted, British Transport Police contacted the rail firm and began a criminal investigation.
He was suspended from his job as a managing director, and he then resigned after refusing to go into any more detail about the fare-dodging. His resignation meant that the FCA investigation was brought to an end, but it’s unlikely he’ll be able to work in finance again
What a plonker
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