ANGEL Coatings resin driveways director, Simon Regan, has been jailed for fraudulent trading on the Isle of Wight.
Regan, of Bradfield Road, Barrows Green, Crewe, appeared before a judge at Southampton Crown Court today (Thursday).
The 57-year-old had denied three counts of fraudulent trading, between September 9, 2014, and March 14, 2021, and was found guilty at trial last month.
His case was adjourned so a pre-sentence report could be drawn up.
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The charges related to three companies: Angel Coatings, Angel Coatings Resin Drives, and National Resin Drives.
Last month, the court heard how the businessman had gambled away nearly £200,000.
Today (Thursday), Regan was handed a three-year prison term and banned from acting as a company director for six years.
A proceeds of crime hearing was also fixed for August 4 to determine the amount of money to be confiscated.
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