Man stole £25,000 from firm
MONEY troubles led a company's financial controller to steal almost £25,000 from his employers.
Bosses at Cheltenham electrical firm ILEC Ltd were devastated when they discovered Noel Green, 63, had cheated them, Gloucester Crown Court has heard.
Green, of Grafton Court, Norwood Road, had secretly inflated his fortnightly wages when he paid himself by direct bank transfer.
He pleaded guilty to eight charges of stealing from the Tewkesbury Road company between July 1 last year and March 31 this year.
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After hearing Green succumbed to the temptation to steal because of a combination of financial difficulties and poor health, Recorder Stephen Hall freed him with a 51-week jail term suspended for two years.
He was also ordered to do 200 hours of unpaid work and placed him under electronically tagged home curfew from 7pm to 6.30am nightly for three months.
Comments
by honslknjklyt
Monday, September 17 2012, 4:32PM
“So it's the business owners fault then Coingrass for trusting a person! That is what employment is meant to be about.
I suppose it would be the owner of Mcdonalds fault if some ****** snotted in your mcflurry, after all they were the ones who trusted him.
NO NO NO, it is the criminals fault, no-one else's. His and his alone.”
by Coingrass
Monday, September 17 2012, 3:44PM
“This kind of fraud happens over and over again and businesses never seem to learn. If you employ someone such as an accountant, book-keeper, treasurer, financial controller etc and then give them carte blanche access to the firm's accounts with no checks and balances in place to ensure they do not succumb to the temptation of taking advantage of their position, then you're asking for trouble. People in these positions can destroy a business single-handedly and any organisation that allows them to do so because they never put into place any effective monitoring systems are extremely naive. Trust is all very well but it has its limits as firm after firm is learning to their cost.”
by honslknjklyt
Monday, September 17 2012, 11:33AM
“so he basically got off then!
Will the business get the money back from the taxpayer? If this was the other way round and the business kept his money, he could go to a tribunal and even if the business went bust to pay him his money, that would be tough and he would get his entitlement from the taxpayer, such as reduncancy and compensation etc.”
by Walker100
Monday, September 17 2012, 9:22AM
“200 hours work at £125 an hour. I am SO glad that crime doesn't pay!!”