THE mastermind behind a £700,000 fraud has been jailed.
Daron Mann, 41, of Jordan Close, Creeting St Mary, had denied two offences of stealing credit balances from Barclays Bank but was last month convicted by a jury at Ipswich Crown Court.
When Mann returned to the court for sentencing, it emerged the father of two had been jailed in 1993 for three years after being convicted of eight offences including forgery, theft, fraud and deception. In 2005 he was fined £4,000 for using a prohibited company name.
Also sentenced on Wednesday was Adam Taylor, 38, formerly of Church Street, Stradbroke, who had run the vehicle supply company AA Car, Commercial and Agricultural Sales. He received 12 months’ prison suspended for 12 months with a requirement to complete 300 hours of unpaid work. He had admitted fraud.
Mann had been sole director of Anglo Asset Finance and was authorised to deal with Barclays. He obtained loans of £283,000 and £419,255 for two haulage firms to buy lorries between July 2008 and October 2008.
Despite paperwork supplied to Barclays by Taylor saying vehicles had been purchased, no money reached the suppliers Renault. Instead it paid off Mann’s debts.
The court heard Mann still refused to accept he had committed the offences.
Taylor had only gained just over £12,000 from the offences.