A consultant has been sent to jail after funding a gambling habit with £700,000 defrauded from four construction firms before they went bust.
Wesley Grainger-Smith, 66, of Gainsborough Road, Winthorpe, Nottinghamshire, was sentenced to two years and four months in prison by a judge at Lincoln Crown Court, the Insolvency Service said today.
He had pleaded guilty to five counts of fraudulently removing company property.
In a three-year spree, Grainger-Smith took cash out of Eagleport, Smiths Construction, Smiths Construction Services and Smiths Construction Specialists.
While not actually a director of any of the companies, he acted in the role and said he was able to exert influence over the official directors and withdraw money with their…
