BBC
A company director has been jailed after he “exploited” a scheme designed to help struggling businesses through the pandemic by £80,000.
Temidola Ojelabi, 43, of Glossop Street, Derby, spent the money on online trading platforms, The Insolvency Service said.
He falsely claimed two support loans in 2020 as company director of Platinum Gates Limited and used the funds for personal investments.
On Wednesday, Ojelabi was sentenced at Derby Crown Court to two years and four months for fraud by false representation and was barred from acting as a company director for eight years.
‘Disregard for taxpayer money’
The…