Gary Edward Bolton has been disqualified from acting as a director for 15 years, two years after his conviction, on 26 July 2013, for supplying fake bomb detecting equipment between January 2007 and July 2012. Mr Boltons disqualification follows action taken by the Insolvency Service.
Mr Bolton was a director of Global Technical Limited (Global). The company traded from 2007 in the manufacture and sale of devices which, it claimed could detect explosives and other substances. Many of these were sold to military and police forces abroad, including in Afghanistan.
Following a police investigation in 2012, which caused the company to cease trading, Mr Bolton was convicted, in July 2013 and sentenced to 7 years imprisonment on 20 August 2013, for offences under the Fraud Act 2006 in relation to the products manufactured and sold by Global. Mr Boltons appeal against the conviction was rejected on 31 July 2014.
Global was voluntarily wound up on 31 October 2013.
Following the liquidation, the Insolvency Service took action to further protect the public, both in UK and abroad, from any potential for Mr Bolton to misuse the protection provided by limited liability trading.
Commenting on the disqualification, Cheryl Lambert, Chief Investigator at the Insolvency Service, said:
This is a case where Mr Bolton has used a limited company to not only trade fraudulently, but his actions have directly resulted in people being exposed to extremely high risk of injury and potential loss of life in foreign countries. That was an outcome he knew would be a likely consequence of his trading activities.
Mr Bolton misused the privileges afford by limited liability for personal gain at the expense of human life. The maximum permitted disqualification was sought and obtained for the most heinous of cynical corporate activity.