Ashley Investigated Under The Fraud Act!

Last updated : 13 September 2009 By Footy Mad - Editor

Sports World proprietor Sports Direct International – controlled by founder Ashley – and JJB Sport are being investigated by the Serious Fraud Office.

The Office of Fair Trading (OFT) competition watchdog referred the firm to the fraud investigators.

An SFO spokeswoman said: "The investigation is into suspected offences under the Fraud Act and the Enterprise Act."

The OFT said it raided two of the firm's properties yesterday over "alleged anti-competitive conduct".