Former Torex Retail chairman charged with false accounting

Former Torex Retail chairman charged with false accounting

Former chairman the latest in a line of executives charged over Torex accounting problems

THE FORMER chairman and CEO of Torex Retail has been charged with false accounting.

Christopher Moore has been charged with conspiracy to defraud and charges of false accounting. He was chairman during the period, and also served as chief executive until 19 September 2006.

The first hearing is listed for 13 May at Banbury Magistrates Court.

The investigation by the Serious Fraud Office, which began in January 2007, followed the revelation of an accounting black hole at the business.

Last week Mark Woodbridge, a former group financial accountant at Torex Retail, was charged with false accounting and conspiracy to defraud. Earlier this year, former Torex subsidiary FD Christopher Ford was convicted of defrauding shareholders.

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