Gerald Waterworth admitted the charges after it emerged that over a five year period he had taken the money from the society to cover up money he had taken from his local Citizens Advice Bureau, of which he was voluntary treasurer.
Waterworth, of Hall Park Road, Scalby, Scarborough, is due to appear before York Crown Court next month for sentencing – he admitted 24 specimen charges and asked for a further 105 similar offences to be considered.
The disgraced FD had been suspended from the building society in February 2002 after the discovery of the black hole in its accounts.
Richard Cartwright becomes the new head, taking over from incumbent head of office David Lemon
Brian Burke, business development director, has moved within the firm to 'develop Quantuma’s networks with Sussex professional firms'
Stephen Mills joins the Manchester office from IBM, where he spent 12 years as an associate partner in the data, analytics and cognitive consulting group
Rupert Guppy will be responsible for capital allowances in the southern region, and joins the firm from specialist consultancy E3 Consulting