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Former club treasurer jailed for fraud

Tuesday 16th April, 2024

A treasurer who defrauded a members’ social between 19 May 2018 and 13 January 2022, out of £397,920 has been jailed at Warwick Crown Court.

He utilised a variety of methods to personally profit from the earnings of the club, where he had been in position as treasurer since 2017.

The fraud was uncovered when a new treasurer at Atherstone Conservative noticed that a digital payment system was paying to his personal account. The system took payments by card at the bar and transferred the money to his account.

A total of £16,202.63 was transferred between 13 September 2021 and 12 January 2022.

He also applied for a “bounce-back” loan following the COVID-19 pandemic to the tune of £40,000. He misrepresented this figure to the club during meetings as £25,000.

As part of his role, he added a mobile phone for his personal use to the club’s utilities without prior authorisation. He spent £8,374.11 on phone bills between March 2020 and October 2021.

In addition, between January 2018 and January 2022, a total of £237,403.75 was paid directly from club coffers into his account in a series of suspicious transactions, which were masked using a reference that implied they were payments to suppliers of the club.

For the year ending December 2018, he produced an inaccurate account of financial statements for the committee of the club. Club minutes show that he led the club to believe that their financial issues were due to banks not releasing funds.

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