Great signing! What is this? A backroom at Truro?
Kiely Revealed As Truro Loan Shark
John Kiely has been revealed as the loan shark who was involved in the Truro match fixing scandal, after Matthew Etherington was forced to resort to other methods in order to clear his debt. Kiely has been convicted previously for one count of acquiring criminal property, two counts of concealing, disguising, converting or transferring criminal property, two counts of unlawfully failing to give notice of a change in circumstances and two counts of blackmail.
Kiely was released in late 2014, after spending five years in prison after he built up a fortune of over £3 million by charging clients interest rates of up to 2,437 percent. Kiely originally did not get the debts repaid to him as he was operating without a license, something he has continued to do after his release.
http://s105.photobucket.com/user/chrisgriffin89/media/john-kiely-pic-mens-468754531_zps56a5eaec.jpg.html John Kiely arrives for police questioning regarding the Truro match fixing scandal
When Matthew Etherington found himself unable to pay back his debts to Kiely, he resorted to match fixing to attempt to clear his debt. Kiely is reported to have bet up to £500,000 on the match between Truro and Portsmouth.
Deputy Chief Constable Bill Skelly when speaking with the media earlier today described Kiely as a “sinister and menacing figure, who preys on vulnerable people”. It is expected that Kiely will be trialled alongside Dan Green, Ladjie Soukouna and Matthew Etherington early next year.