FRAUDSTER Dennis Grant has been ordered to pay almost £319,000 in compensation to the charity he defrauded.

At Gloucester Crown Court today judge William Hart ruled the former Cotswold Water Park Society boss had defrauded the organisation of £770,291.25.

He also ruled his assets were worth a total of £318,949.71, which he must now pay to the Cotswold Water Park Trust.

If he does not pay this sum by November 29 2013 he will have to serve an extra three and a half years in prison, to run concurrently with his current four year, four month sentence.

Grant, 64, was jailed in July last year after admitting six charges of fraud by false representation.

Among the luxuries Grant bought with his ill-gotten gains were a £300,000 home in Cyprus and a £62,000 Aston Martin Vantage car.

His fraud went undetected for two and a half years before tenacious operations director Tasha Flaherty spotted irregularities in the organisation’s accounts and confronted him about it.