PracticeAccounting FirmsAccountant jailed for stealing from charity

Accountant jailed for stealing from charity

An accountant has been jailed for 12 months for stealing almost ?31,000 from the Blind charity

Karen Iley, a certified accountant with her own business the North East, has
been jailed for 12 months after stealing £31,000 from the Darlington and
District Talking Newspaper, where she had taken an unpaid treasurer’s role.

The court heard she began stealing within three months of taking the job,
which almost caused the charity to shut down. Most of the money, £20,000, she
lent to her boyfriend to buy a car, which she repaid after her arrest.

Anthony Moore, defending, said Iley was struggling to pay the bills after a
key worker left, and she still had to ensure her four remaining employees were
paid. But he said it was her ‘fervent intention to pay all the money back when
she can’.

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the Accountancy Magazine story

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