Partners Took Millions From SpaServe

Partners in a failed home hot tub firm that went down with debts of £2.7 million took more than a million pounds out of the business for themselves, fraud trial jurors heard.

An expert accountant called by the prosecution to assess Staffordshire-based Spaserve’s three and a half years of trading concluded that the partners were having money the business could not afford.

Two of the partners, principal shareholder Simon Foster and Stuart Cox are on trial accused of fraudulent trading and conspiracy to defraud. With them in the dock is general manager Johnathon Husselbee. They all deny the charges.

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French Connection Reaps Global Rewards

They promoted it as the event you cannot afford to miss. Lyon Piscine and Aqualie 2012, two benchmark exhibitions for swimming pool and spa professionals certainly lived up to that billing. Simply put, the Lyon exhibition event is the biggest and most important global show for the combined pool and spa sectors. It brings together 600 exhibitors, 1,000 brands from 90 countries and in the region of 18,000 visitors to Lyon. Traditionally, the first opportunity to see new developments in Europe, the combined Piscine and Aqualie 2012 events are also an exceptional opportunity to explore the latest key trends in the pool and spa markets.

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