Company directors used Tattershall Lakes properties to fraudulently gain £3million

Court news.
Court news.

Two former company directors have been convicted of fraudulent trading, which earned them in the region of £3million, by Lincoln Crown Court.

Andrew George Cook (53) and his wife Claire Marie Shaw (44) of Skendleby used properties on the Tattershall Lakes site to which they did not have title, to raise substantial loans, from which they funded a lifestyle beyond their means.

Between April 11 2006 and February 3 2010, the pair used two businesses, namely Allerway Leisure Limited and Tattershall Leisure Limited, for a fraudulent purpose.

Police were alerted by Administrators appointed to Allerway Leisure Ltd when the company was found to be insolvent and huge property title anomalies were discovered. Financial Investigators from the Economic Crime Unit at Lincolnshire Police Force Headquarters have spent several years investigating the allegations.

The trial started on November 5, and six weeks into the trial the pair changed their pleas to guilty.

Cook and Shaw have been bailed to reappear at Crown Court on February 23 for sentencing by the trial Judge, His Honour Judge Rafferty QC.

A further investigation regarding seeking the confiscation of assets under the Proceeds of Crime Act will be carried out in the New Year.

Tattershall Lakes Country Park is now operated by Away Resorts Ltd and has no connection to Cook or Shaw.

Detective Sergeant Jarman of the Economic Crime Unit said: “Due to the sheer scale of the enquiry, this has taken time to come to a conclusion.

“However the dedication and patience of the investigators has shown that Lincolnshire Police have skilled people that are capable of carrying out complex and difficult enquiries.

“The two investigators have meticulously prepared thousands of documents to present the case at court and when pressure has been applied in an attempt to have the case dismissed, they have not buckled.

“The trial Judge, His Honour Judge Rafferty QC was pleased to commend the two police staff investigators for the depth and quality of the investigation.

“The guilty pleas by Cook & Shaw follow complex criminality uncovered through a very thorough investigation, which displays that Lincolnshire Police are committed to, and capable of, protecting the people of Lincolnshire”