A Cornish businessman has been sentenced to six years in a Lithuanian prison after being convicted of a high value fraud.
On Government websites Companies House it lists that Jane was previously the director of Diamond Shield Home Improvements Ltd which was based in Perranporth prior to it being dissolved in 2016.
Delfi.lt reported how Jane defrauded more than a hundred Lithuanian families who paid for recreational trips abroad.
The sentencing judge noted that Jane’s victims suffered great distress before jailing him for six years and six months. However, the sentence was reduced by a third meaning he will only spend four years and four months behind bars.
In addition to this Jane must pay civil damages to the victims amounting to nearly 70,000 euros (£63,000).
According to the court, the company Holiday Warehouse was established by Jane in 2010.
Prosecutors concluded as many as 126 agreements were made for accommodation services in hotels in various parts of the world.
The company, which has now gone bankrupt, has been found to have caused losses to people who paid for holidays in Spain, Malta, Thailand, Cyprus and the Caribbean.
In addition, at the end of June, the court found Jane guilty in another fraud case, relating to another company he ran, Amber Promotions.
Holiday Warehouse founder Jane hid from Lithuanian law enforcement in Britain before being extradited in December of last year.
According to the case file, Amber Promotions held presentations in hotels and restaurants and the pre-trial investigation officials found that 126 families were affected by the Holiday Warehouse and 59 by Amber promotions.
In court, N. Eremin, who managed the company, admitted that the Holiday Warehouse was set up specifically to deceive people with money.
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“The company’s business was to provide accommodation, money was actually taken from people, but they didn’t go on trips – I just did a bad job as the company’s director, so I’m responsible for people being deceived,” he said.
Mr Eremin also acknowledged that the Holiday Warehouse’s main purpose was to lure people’s money.
Following the conviction, Andriej Melkov, a lawyer representing Jane, said an appeal would be lodged against the court’s decision.