PracticeAccounting FirmsSwindler accountant heads for jail

Swindler accountant heads for jail

A married accountant who swindled his bosses out of ?124,176 to spend on a male prostitute was behind bars yesterday

Former accountant and father-of-two, Thomas Watson, systematically defrauded
the company he worked for as a financial controller and, in addition, pilfered a
collection raised by its staff to aid victims of the Tsunami earthquake,
Guildford Crown Court heard.

Watson was jailed for 18 months yesterday after pleading guilty to 14 counts
of theft and asking the court to take 84 similar offences into consideration,
the Daily Mail reports.

The court was told Watson had been employed for four years as financial
controller of Noma
Lites Ltd
, in Weybridge, Surrey, where he had access to all the company’s
financial records and was an authorised signatory of its cheques.

Thomas Cleeve, prosecuting, said that, between February 8, 2005, and November
14, 2006, the defendant abused his position by repeatedly stealing money from
the company until he was discovered and sacked before being arrested in January
last year. Watson paid thousands of pounds to a male escort James Mannion, 34,
of Garrick Street, Soho, London, the court heard.

Further reading:

Read
the Daily Mail story

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