I thought I'd best post an up to date link

Albert Henry was the former Premier of the Cook Islands. He was later convicted of electoral fraud in the 1980s.
Terry Lewis, knighted for his services to Queensland police, was stripped of his knighthood in 1993 after being sentenced to prison on charges of corruption and forgery as a result of the findings of the Fitzgerald Inquiry.
Jack Lyons, who had received his knighthood for his huge charitable donations and services to industry, lost it when he was convicted of fraud in the 1980s.
Lester Piggott, the high-profile jockey, had his OBE removed after being convicted and sentenced to imprisonment for tax evasion.
Anybody see a connection . . . . . .