SPASERVE TRIO JAILED

Three rogue traders who milked hundreds of customers in a home hot-tub scam have been given jail sentences totalling eight years. Staffordshire-based Spaserve was used as a “cash cow” to rake in advance payments from customers who were sold faulty hot tubs or the ordered products never arrived. The business went under with debts of […]

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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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Rogue Hot Tub Traders Face Court Date

An estimated 550 claimants, including 130 members of the consumer action group, Friends With Claims Nationwide, are being kept informed, as the police investigation against Internet spa sellers, the Trade Price Hot Tub Group continues. It could be some time before the case reaches a conclusion as members of the Staffordshire fraud squad systematically work […]

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