Armed gang who stole £550,000 ordered to repay £41,000

Loveridge, Smith and Last
Loveridge, Smith and Last
M27. Picture: Malcolm Wells

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A GANG of armed robbers convicted of stealing more than £550,000 of goods have been ordered to repay just a fraction of their criminal gains.

Andrew Smith, 28, Richard Loveridge, 28, and Stewart Last, 30, stole £240,000 in robberies at Nationwide in Leigh Park, Nationwide in Fareham and a Santander branch in Farnborough.

As reported, they were jailed for 45 years between them in November following a five-week trial at Winchester Crown Court.

Loveridge, Smith and Last were found guilty of conspiracy to commit robbery. Last and Loveridge were also convicted of conspiracy to commit burglary.

Detectives say the pair are responsible for more than 40 robberies and burglaries across Hampshire, Berkshire, Surrey, Oxfordshire and Wiltshire. Smith was cleared of the burglary charge.

A fourth man, Lee Fitzgerald, 38, of Perrycroft, Windsor, was found not guilty of conspiracy to commit robbery and conspiracy to commit burglary.

Now Loveridge, Smith and Last have been ordered to repay tens of thousands between them following a hearing under the Proceeds of Crime Act at Portsmouth Crown Court.

Judge Sarah Munro QC ordered Last, formerly of Filmer Road, Windsor, to repay £11,766,66 in the next six months or face an extra seven months being added to his 17-year sentence.

Loveridge, formerly of Ditton Road, Slough, must pay £27,120.99 in the next six months or his 17-year jail term will be extended by 14 months.

Smith, formerly of Montrose Avenue, Datchet, must pay back £4,250 within six months or serve an extra two months on top of his 11-year sentence.

Loveridge, Smith and Last stole £50,000 in the Leigh Park armed robbery on November 25, 2011; £105,000 in the Fareham robbery on December 13 2011 and £85,000 in the robbery in Farnborough on January 9 2012.

They also stole more than £79,500 of cigarettes, cash and goods in shop raids.

Loveridge and Last also burgled shops and homes and stole high-performance cars and number plates between August 2011 and January 2012.

Detectives said the men paid no taxes but drove high-performance vehicles and splashed stolen cash on goods including Rolex watches and Gucci shoes.