Edward De Camborne Lucy, 44, made a declare to Aviva after his screens have been “damaged beyond repair” however was informed any payout could be capped at £200,000.
With his firm dealing with collapse, De Lucy doctored paperwork to attempt to up the payout.
Woolwich crown courtroom heard the enterprise equipped promoting screens, valued at £428,679, for Saracens’ 2014-15 season.
To overcome the payout cap, De Lucy tailored a “form of acceptance” from a earlier reliable declare to attempt to idiot loss adjusters into agreeing a £405,000 cost.
He organised for an accountant to ship over the doctored paperwork however the loss adjusters seen that it included the reference quantity for the earlier declare.
It was then discovered that his firm was dealing with a winding up petition and he was in critical monetary difficulties, which he had not disclosed.
Tom Gardiner, head of fraud at Aviva, mentioned De Lucy’s agency “suffered a genuine loss, which was covered… but which he then tried to inflate”.
De Lucy, of Stockbury, Kent, denied fraud by false illustration and making or supplying an article for use in fraud however was convicted of each expenses.
He was handed an 18-months suspended sentence and ordered to pay £33,410 in compensation and £6,704 in courtroom prices.