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London 2012: Man charged with Olympic ticket fraud | |
(40 minutes later) | |
A 44-year old man from Catford in London has been charged with two counts of fraud over the sale of Olympic tickets, Scotland Yard has said. | |
Christakis Ioannou will also face charges of money laundering and the illegal sale of Olympic tickets when he appears at West London Magistrates' Court on 4 July. | |
Meanwhile a 39-year old man has been arrested on suspicion of the unauthorised sale of Olympic tickets. | |
He is in custody in Leicester. | |
That arrest was made on Tuesday morning by officers from the Metropolitan Police's Operation Podium - its team investigating ticket fraud and touting connected to the London Olympic and Paralympic Games. | |
It was a result of ongoing enquiries into the unauthorised sale of Olympic and Paralympic tickets as part of a corporate hospitality package, Scotland Yard added. | |
A search warrant was executed at a business address in central Leicester. | A search warrant was executed at a business address in central Leicester. |
The Operation Podium team also work to combat scams involving non-existent hotel rooms and companies being duped into buying luxury goods which never turn up. | |
As of 14 June, 186 people have been arrested by officers working for the operation. | |
In March, eight people were charged in connection with a £2.3m fraud against the Olympic Delivery Authority. | In March, eight people were charged in connection with a £2.3m fraud against the Olympic Delivery Authority. |