Former Diamond Shortbreak Holidays finance director Jamie Tann has been jailed after admitting a string of fraud and false accounting offences, which saw him con the business out of nearly £700,000.
Tann, 38, of Savernake Drive, Corby, was sent down on Friday (28 February) for 40 months after pleading guilty last October to four counts of fraud by false representation and three counts of false accounting.
He also admitted a further charge of perverting the course of justice, said Leicestershire Police following a sentencing hearing at Leicester Crown Court.
The force added Tann’s actions directly contributed to forcing Diamond Shortbreak into administration in 2018, leaving 10,000 holidaymakers without bookings and a “significant number of people” without jobs.
Police said the charges related to the former short break and river cruise operator, based in Market Harborough.
Officers were contacted by the company in February 2017 over suspicions Tann, serving as the business’s finance director, had made a number of concerning payments.
An investigation revealed that between March 2015 and January 2017, Tann had fraudulently channelled £685,648 into accounts he controlled.
It was also found that he had falsified company records in an attempt to misrepresent Diamond Shortbreak’s financial position.
Detective Constable Aaron Horn said: “Tann’s actions caused such financial loss to the company it put them into administration leaving a significant number of people unemployed.
“It left 10,000 holidaymakers with no bookings, who had to make claims against credit card companies to get their money back.
“Tann held a position of responsibility at Diamond and was entrusted to protect the company’s interests. Tann abused this trust when he caused money to be taken from the company accounts leaving the company with no chance to recover from the losses suffered.
“Although Tann had made significant efforts to prevent his fraud and its extent being discovered, our investigation was able to evidence his actions leaving him with no choice to admit his guilt in court.”
The charge of perverting the course of justice relates to a false statement Tann provided in June 2016 in a High Court case regarding an unpaid credit card bill owed by the company.