Hedge fund manager repays £43,000 dodged train fares

The man avoid paying the full fare to Cannon St station for five years

A hedge fund manager has been revealed as the UK's biggest fare dodger after being made to pay back nearly £43,000 in unpaid fares and legal costs..

The man, who has not been named, spent five years using an Oyster card to 'tap out' of ticket barriers at London's Cannon St station without paying the full price of his journey from the East Sussex village of Stonegate.

After being caught by a ticket inspector, he was ordered to repay £42,550 and £450 in legal costs as part of an out-of-court settlement, according to reports in the Kent and Sussex Courier.