Preston Whiteside directors jailed
Two insurance brokers were sentenced today after defrauding hundreds of small businesses, predominantly in Northern Ireland, out of insurance premiums and after having created a multi-million pound uninsured risk vacuum. Paul Newton and Mathew Walker, who ran the insurance business Preston Whiteside in Doncaster, were sentenced to 15 months and 8 months imprisonment respectively after admitting their guilt to fraudulent trading. In addition, both were disqualified as company directors for 7 years.
Background:
Preston Whiteside's main area of business was providing public liability and employers' liability insurance cover for small businesses and tradesmen.
Paul Robert Newton (d.o.b. 25/02/72)
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