Robert Kelbie had pleaded guilty to £145,000 in mortgage frauds to buy flats in Edinburgh which he renovated and then sold on at a profit.
Sentenced at Edinburgh Sheriff Court yesterday, the 28-year-old was fined £4125 and had £34,000 confiscated under the Proceeds of Crime Act.
The court previously heard that Kelbie exploited the ease in obtaining the loans from Kensington Mortgage Company and The Mortgage Business.
Kelbie was shot in the back in the car park of Bannatyne’s Health Club, Newcraighall, on October 20, 2010.
The ex-boxer managed to drive himself to Edinburgh Royal Infirmary.
Kelbie’s shooting was followed days later by an assault on a man at a yard in Portobello, which was said to have been a revenge attack.
