The Football League Paper - - NEWS -

CHARL­TON Ath­letic have con­firmed that for­mer de­fender Richard Ru­fus has stepped down from his po­si­tion as youth de­vel­op­ment phase coach af­ter be­ing found guilty of multi-mil­lion pound fraud ear­lier this month.

The 40-year-old, who was also an am­bas­sador for the Charl­ton Ath­letic Com­mu­nity Trust, is wait­ing to learn whether crim­i­nal charges will be brought against him.

Ru­fus was hit with a max­i­mum 15-year bank­ruptcy re­stric­tion or­der by the In­sol­vency Ser­vice.

It found he had used the money of 93 in­vestors, in­clud­ing fam­ily mem­bers, in a cur­rency trad­ing scheme he said would yield a five per cent monthly profit on top of their orig­i­nal out­lay.

He col­lected de­posits of more than £16m, but in­vestors were paid back just £7.3m, with £3.4m found to have been pock­eted by Ru­fus.

Charl­ton said they would be be making no fur­ther com­ment.”

Ru­fus played for Charl­ton through­out his 11-year ca­reer, but re­tired, aged 29, due to a knee in­jury.

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