The boss of 88 Delicious which raised money via Crowdcube is sentanced
Alan Colton was found guilty of fraud and has the following sentence passed down at Basildon Crown Court
24 months imprisonment, suspended for 24 months. 300 hours of unpaid work. £100 fine to be paid within 2 months.
This will be little comfort to those whom he managed to con with the help of the Crowdcube platform. Still it is a warning to those who will try to abuse the system that if caught, they will get their just desserts.
If you want the full story, see here
Why is this a warning - he got away without going to jail.
ReplyDeleteThis is a real boost for fraudsters - crime does pay - pathetic sentencing - how he got this I have no idea.