Actually its "presumed innocent until proven guilty", its a common mistake.
Ridsdale misled Cardiff City supporters, he encourage supporters to part with money on the premise that it was for new players when in actual fact the money was spent on a tax bill. For this he was forced to apologise, however according to the law he hasn't committed fraud. However you'd be up in arms if he'd done that here.
Whilst here Ridsdale was responsible for appointing an administrator whom, by many accounts on here, has been completely inept and by his own admission lied to fans. All the while he has dragging this out , he has been/will be rewarded very handsomely.
If you want to pat him on the back, go ahead. I won't be joining you.