Categories
Headline Sports Agents Sports Law

Olympic Agent Jailed for Fraud

Athlete Agent Mark Cas been jailed for three years on two counts of fraud stemming from his Global Sponsorship Group. Mark had set up the group, which offered to garner sponsorship deals and charged individuals who signed up £500 and teams £1000 for his services.

High profile athletes such as Mark Lewis-Francis and Andy Turner employed his services, but when promised sponsorship deals failed to materialize, they thought something was up. Deals worth hundreds of thousands of dollars were agreed, but the athletes didn’t receive the money. Mark had claimed he had reached deals with athletes from high profile companies such as British Airways and Audi.

400m runner and Olympian Andrew Steele had this to say about the case: “Looking back, it was something that was clearly too good to be true and I’m annoyed with myself about it.”

For a full rundown on this story head here