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Man sentenced for £50k fraud

|News, Fraud and economic crime

A man who conned a businessman in to paying £50k has been sentenced at Merthyr Tydfil Crown Court.

Adrian Bailyes, 43, claimed to be the Finance Director for Global Storage Solutions Ltd and was receiving the funds as part of a business transaction paying for oil tank storage.  However, Bailyes was disqualified from holding a position as a company director or being involved in the management of a company due to him being declared bankrupt in 2013.

He persuaded the businessman to transfer the funds to a bank account which he had control of and redistributed the money in the space of month, rather than using it for the tank storage costs.  

Deena Beynon of the CPS said: “Adrian Bailyes accepted he was not legally allowed to act as a company director and that he lied to obtain the money.  It was a deliberate action for his own gain.

“Fraud cases can be complex, but the strong evidence presented by the CPS made the issues clear and resulted in a guilty plea.”

Adrian Bailyes has repaid the money in full and was sentenced to 18 months’ imprisonment which was suspended for one year, and was ordered to carry out 150 hours of unpaid work.    

Notes to editors

  • Deena Beynon is a Senior Crown Prosecutor in CPS Cymru-Wales.
  • Adrian Bailyes (DOB: 1/4/78) pleaded guilty to one count of fraud (10/3/16).
  • Sentence took place on 8 October 2021.

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