An insurance company partner who has wrecked his life and career by cheating the Inland Revenue out of almost £50,000 in tax was spared an immediate jail term at Gloucester Crown Court on Monday (January 15).

Martin Wright, 59, of East Lealands, Box, near Stroud, was a partner in nationwide insurance firm and living in a Cotswolds house currently estimated to be worth about £900,000 when he committed the false accounting offence against HMRC that led to his financial downfall.