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City law firm accountant jailed for £400k fraud

Monday 19th April 2021

A management accountant who stole £400,000 from her employer over a six-year period has been banned from working in the legal profession.

While employed by Clyde & Co she dishonestly misappropriated around £400,000 from the office accounts. She was convicted of fraud by false representation and was subsequently sentenced to three years and six months’ imprisonment.

Whilst working in her role at the global law firm she was responsible for arranging UK payments for overseas operations. After concerns arose in 2018, a forensic investigation identified 134 suspect payments made by her totalling just under £400,000 from the office account between 2011 and September 2017.

The disciplinary tribunal found that the nature of the conviction meant it would be ‘undesirable’ for Brown to be involved in a legal practice. It granted a section 43 order, meaning the respondent is not allowed to be employed or remunerated by an SRA authorised body without the express written permission of the regulator. Brown was also ordered to pay £3,200 in costs. Law Society Gazette reported.

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