A 'DEL BOY' salesman was yesterdayjailed for conning £160,000 from other companies. David Perry was jailed for 30 months yesterday after admitting fraudulent trading, two counts of forgery, and eight counts of obtaining money by deception.
Last night Detective Constable Richard Millington of Newport CID said Perry was motivated by greed.
Likening him to Only Fools and Horses character Del Boy he said: "He got a little bit greedy and investigating him it soon became clear something wasn't right. "He was living the Jack the Lad lifestyle with flash cars and always flashing his money around.
"He would walk into a pub and spend lots of cash and place lots of money on the horses." Newport crown court heard Perry, aged 57, of The Alders, Llanyrafon, Cwmbran, was so successful in business in the early 90s that he owned a Porsche and a Rolls Royce.
His company Learning with Computers Limited brokered deals between computer manufacturers and schools, obtaining cash from leasing companies in July 1999 by providing fraudulent invoices and documents from other companies he ran and controlled.
Prosecutor Essex Williams said: "It was a fraud from the outset. He failed to pay staff wages and acquired a huge list of creditors who were never to be paid."
Perry obtained increasingly larger sums of money from five different leasing companies before his arrest last August.
In mitigation, Marion Davies said he committed crimes to keep the company afloat and took out personal loans worth £271,000 on his £200,000 Cwmbran home, now likely to be repossessed.
Ms Davies said he was "broken man", adding: "If he had to raise the bus fare to go home, he would probably have to borrow it."
Sentencing Perry, Judge Philip Richards said: "You have caused not only financial loss to others but a great deal of upset and heartache."
After the case DC Millington said Perry defrauded his victims - including a school in Hull - by getting them to finance the supply of non-existent computers.
"He told them QHMR would supply the computers. He invented that company and these computers never existed."
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