Three men working for Norfolk based dealer Business Telecom have been jailed for seven years after being found guilty of fraud totaling £1m
Three men from Great Yarmouth based dealer Business Telecom including its chairman Christopher Boughton- Fox have been jailed for a £1 million telecoms fraud.
The fraud, thought to be one of the largest of its kind, involved company salesman talking customers into signing new contracts for new phone systems which included free handsets due to a cash back scheme.
However the customers, which included local schools, charities and businesses, were actually signing up for costly leasing agreements which cost on average between £10,000 and £35,000 over seven or more years.
Boughton- Fox, who along with sales director Jonathan Parrish had denied conspiracy to to defraud was jailed for seven years. Parish received five and a half.
Senior salesman Neil Debenham was jailed for three years after admitting the charges. All were convicted by a jury at Ipswich Crown Court last month.
Over the course of the trial, which ran for 10 weeks, the court heard how Business Telecom had grown to report a turnover of £4.5 million at its peak.
Boughton-Fox was paid an annual salary of £600,000 while Parrish earned up to £40,000 a week in some cases.