A FORMER champion boxer has been cleared of a charge of defrauding the university grants system by lying about his academic past. Terry Marsh, 39, a former IBF world light-welterweight boxing champion, walked free from Southwark Crown Court after a jury took 15 minutes to decide that he had not "furnished false information" to obtain nearly Pounds 10,000 for a second degree. Mr Marsh, of Morrells, Basildon, was forced to stand down as Liberal Democrat general election candidate earlier this year after being charged.