Closed due to bankruptcy
CHESTER hotelier who lost his entire life savings of more than £100,000 following a callous insurance scam has said his life has been shattered.
The two masterminds of the £1 million fraud that destroyed the hopes and dreams of Roger Price, 64, who runs the Elms Hotel and Restaurant, on Sealand Road, have now been jailed for more than 10 years between them.
Neil McKay, 44, and Faron Wilson, 40, posed as respectable insurance brokers and tricked more than 100 victims into using their services.
Instead of providing them with the promised policies, they simply pocketed the premiums for themselves.
They kept the five-year fraud going by paying out on smaller claims, but left their customers exposed to huge losses on larger payouts.
Mr Price, of Lache, Chester, ended up losing £100,000 following lengthy legal proceedings when he thought he had been insured.
The losses were incurred after a customer was knocked to the floor by his playful puppy following a night out at the venue.
Mr Price was left without insurance and ended up having to pay a total of £107,000 including legal costs following a county court judgement.
CHESTER hotelier who lost his entire life savings of more than £100,000 following a callous insurance scam has said his life has been shattered.
The two masterminds of the £1 million fraud that destroyed the hopes and dreams of Roger Price, 64, who runs the Elms Hotel and Restaurant, on Sealand Road, have now been jailed for more than 10 years between them.
Neil McKay, 44, and Faron Wilson, 40, posed as respectable insurance brokers and tricked more than 100 victims into using their services.
Instead of providing them with the promised policies, they simply pocketed the premiums for themselves.
They kept the five-year fraud going by paying out on smaller claims, but left their customers exposed to huge losses on larger payouts.
Mr Price, of Lache, Chester, ended up losing £100,000 following lengthy legal proceedings when he thought he had been insured.
The losses were incurred after a customer was knocked to the floor by his playful puppy following a night out at the venue.
Mr Price was left without insurance and ended up having to pay a total of £107,000 including legal costs following a county court judgement.
