A company stung for £250,000 after being convicted of allowing the sale of fake goods at Bovingdon Market is to appeal.
Wendy Fair Markets was found guilty last year of money laundering after fake clothes, DVDs, video games and music discs were found on sale at the market.
The company and its directors Sally Ward and Nicholas Hobday are now appealing against their
conviction. Wendy Fair Markets also hopes to have the confiscation award overturned.
The six figure sum was agreed by lawyers after an eight-week trial at St Albans Crown Court and the company is set to pay an additional £50,000 in prosecution costs.
On Monday (March 10) prosecutor David Groome asked for the confiscation hearing to be adjourned until September 10 when an order for payment will be made. He asked for the £250,000 to be held in a defence solicitor's account.
He said the crown will not seek confiscation against Mr Hobday or Mrs Ware personally and the hearing will be cancelled if the appeal is successful.
During the trial, Mr Groome claimed the market had developed a reputation for selling counterfeit goods in 2004 and 2005.
The company was convicted of two counts of money laundering. Sally Ward, 44, of Rickmansworth and Nicholas Hobday, 46, of Northants were also convicted of money laundering.
The full article contains 230 words and appears in Hemel Gazette newspaper.
