Former Finance Boss Admits Fraud

The former finance director of a Market Harborough holiday firm has admitted several fraud offences.

Jamie Tann committed them between March 2014 and January 2017 when working for Diamond Shortbreak Holidays.

The company collapsed into administration in March 2017 because of financial problems, with the loss of over 70 jobs and resulting in around 10,000 holidays being cancelled.

Tann, 37, of Savernake Drive, Corby, pleaded guilty to four counts of fraud by false representation, three counts of false accounting and one charge of perverting the course of justice at Leicester Crown Court.

It was discovered that between March 2015 and January 2017, Tann had fraudulently caused a total of £685,648 to be paid from company accounts to accounts controlled by him.

The Court also heard he had falsified the company records in order to misrepresent their public financial position.

He will be sentenced in December.