A former friend of the sacked England captain, businessman
Faisal Madani, faces 17 charges of fraud and false representation
relating to unpaid credit card debts of around £137,000 spent on
foreign holidays.
Twelve of the charges are believed to relate to Terry and an
unpaid £37,000 bill for a week's stay at Dubai's plush Royal Mirage
hotel enjoyed by him and his family over Christmas 2007.
A source close to the inquiry said: "This case will shed light
on Terry's greedy nature. The fraud probe uncovered a number of
footballers earning massive wages who appeared to be taking
advantage of freebies.
"It's jaw-dropping. Not only did Terry's party have first class
travel but the whole family had their holiday paid for.
" It's bizarre to most people that someone would accept a
holiday and give nothing in return.
"The City of London Police were keen to find out why Terry
agreed to the trip and he told them he 'was not going to turn down
a freebie.'
"It's just innate greed and it's come back to haunt him. The
case is bound to attract a media circus."
The bombshell comes as Terry, 29, is still reeling from the
lurid revelations about his affair with England team-mate's ex
Vanessa Perroncel and being stripped of the England skipper's
armband. Dubai-born Madani, 46, a well-known fixer for a host of
celebrities and top footballers, will appear at Southwark Crown
Court on Wednesday.
Last night he told us: "This has caused me a lot of stress and
I've suffered three heart attacks over the last two
years.
"I'll be pleading not guilty to the charges but I'll be naming
names. "John Terry is involved in the case because I arranged
a holiday for him and there were problems with the credit card
which was used. It had nothing to do with me."

Terry, is still reeling from the lurid revelations about his
affair
Speaking from his home in Colchester, Essex, Madani
added: "I'm not a fraudster or a conman. I haven't made a penny
from these deals, in fact I'm out of pocket.
"John and I used to be friends but not any more. I was a guest
at his wedding and actually arranged and paid for his £33,000
honeymoon."