Michael Haslam, a Derby builder, was sentenced to 28 months in prison for fraudulent trading but had his sentence suspended for two years with a rehabilitation order and 160 hours of unpaid work. Between 2020 and 2022, Haslam took over £200,000 from seven customers while his company was insolvent, using the funds for personal expenses including cash withdrawals, online shopping, and payments to family. Victims reported dangerous, unfinished homes with no running water and financial losses exceeding £210,000. One family faced potential home demolition due to unsafe structures, while others endured prolonged delays and safety hazards. The Insolvency Service found Haslam’s actions caused severe emotional and financial harm, emphasizing the human cost of fraud. Haslam, 74, was disqualified as a director for 15 years. Victims described feeling betrayed and financially ruined, with some unable to complete projects due to lost funds.
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