How prolific lies and a missing £13.7m resulted in a 22 month jail sentence

But why did it take a private prosecution to see Scott Dylan jailed?

Hello Rainmakers,

We’ve got an update for you today on a story we brought to you in the summer about the Manchester-based investor Inc&Co.

But, this one is far from over, with the remnants of the business now in limbo with the three principals either in jail or on the run.

As three Manchester-based “entrepreneurs” were sentenced to jail terms for contempt of court, questions remain as to how their activities remained unchecked over a prolonged period.

In the High Court in London, on the 30th of October, Judge Rajah handed down a sentence of 22 months in jail to Scott Dylan, Dave Antrobus and Jack Mason after his earlier July ruling that they were in contempt of court when they moved business assets offshore in breach of a freezing order granted to Barclays Bank, which further alleges that they are the victims of a £13.7m theft. 

In sentencing he said “all three have lied to the Court on a prolific scale”.

The three had been principals in a business called Inc & Co, which presents as a group structure and which had been provided with investment into distressed businesses through another of their businesses, Fresh Thinking Group.

Barclays has an additional case against the trio, and others, scheduled for a court date in January 2025, over the missing £13.7m which court documents reveal was used to fund private jet trips, to acquire business assets, including a travel agency and a hotel in Turkey, but also for the personal enrichment of Scott Dylan and his partner.