Man jailed over £4m heavy machinery scam
Nation.Cymru staff
A man who dishonestly obtained around £4 million worth of heavy machinery before selling it overseas has been jailed for five years.
Jordan Davies, 42, of Victoria Road, Prestatyn, was sentenced at Liverpool Crown Court after being found guilty of conspiracy to steal.
An investigation by the North West Regional Organised Crime Unit (NWROCU) found that Davies obtained machinery through hire purchase agreements with various finance brokers between 2020 and 2022.
He then sold and exported it to countries including Ukraine, the United States and Ireland without repaying the outstanding finance.
The machinery included articulated dump trucks, crawler excavators, low-loader trailers, mobile screening plants, wheel loaders and telehandlers.
Detective Inspector Ian Moore, of NWROCU, said: “Davies exploited finance agreements to obtain high-value plant machinery before selling it on for his own financial gain, leaving lenders and businesses out of pocket by millions of pounds.
“This investigation demonstrates that we will pursue those involved in organised acquisitive crime and work tirelessly to bring offenders to justice.”
Support our Nation today
For the price of a cup of coffee a month you can help us create an independent, not-for-profit, national news service for the people of Wales, by the people of Wales.
Get more trusted Welsh news
Choose Nation.Cymru as a preferred source in Google News to see more of our journalism.
