Demolition boss gets 16-month sentence for insolvency offences.
The director of two demolition contractors has been jailed for 16 months following an investigation by the Insolvency Service, reports The Construction Index.
George Taylor, of Arundel, West Sussex, was sentenced at Chichester Crown Court last week for a series of offences relating to his roles as director of Amalgamated Demolition Services and Amalgamated Demolition and Asbestos Services.
Steyning-based Amalgamated Demolition Services was wound up by Brighton County Court on 24 April 2006, owing £142,059 to creditors, and a bankruptcy order was made against Taylor on 16 January 2007.
In a separate action taken by the official receiver, he undertook to the Secretary of State not to act as a company director for a period of eight years. This took effect on 12 June 2008.
Despite this, Taylor continued to act as a director of Amalgamated Demolition and Asbestos Services. He had also been prohibited from being a director of the firm because its name was so similar as to suggest an association with Amalgamated Demolition Services.
Subsequently, Taylor asked Amalgamated Demolition Services’ major customer to make payments for work into a new bank account. However, the account details he provided were those of Amalgamated Demolition and Asbestos Services.
This meant £22,795 that was due to Amalgamated Demolition Services was diverted into the other company.
Read the full story here.
