Colin lands £30 title
He has also changed his name so his passport now reads Lord Colin Francis Stagg.
Last week, Colin told how he had spent the £750,000 compensation he got for being held in prison for Rachel’s 1992 murder on Wimbledon Common.
A horrified passer-by found Rachel’s two-yearold son Alexander Louis clinging to his mum’s body crying: “Wake up, Mummy”.
Colin was the victim of a “honey trap” as police tried to find the killer, and he spent more than a year in jail on remand.
But his murder trial at the Old Bailey collapsed when DNA indicated another man did it.
In 2008, Robert Napper pleaded guilty to Rachel’s manslaughter.
Colin blew the money he was awarded on cars, holidays, charity donations and flawed business investments, he said.
But the bought his 54-year-old title as a