RegulationCorporate GovernanceToys ‘R’ Us accountant pleads guilty to £3.7m theft

Toys 'R' Us accountant pleads guilty to £3.7m theft

Paul Hopes pleads guilty to theft from Toys 'R'Us accounts

A 58 year-old accountant had admitted stealing £3.7m which he spent on call
girls and luxury hotels.

Reading-based Paul Hopes, stole the money from his long-term employees Toys
‘R’ Us between January 2007 and November 2008, in sums ranging from £101,000 to
£350,000.

Hope pleaded guilty at Reading Crown Court when he pleaded guilty to 18
charges of theft, reported The Times.

Fellow workers said he was a quiet likeable chap.

According to the economic crime unit of Thames Valley police, there was no
suggestion that Hopes’s wife or his two children benefited from the fraud in any
way.

He was also the finance director of the board of the
Berkshire
and Buckinghamshire Football Association
.

Further reading:

View
The Times’ story

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