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Finance worker sentenced after pleading guilty to fraud

Monday 20th May, 2024

A finance worker has been sentenced after defrauding his employer of tens of thousands of pounds over an 18-month period.

He held a financial role at a media company in Bristol where between January 2020 and June 2021, he stole approximately £81,000 from his employer.

He transferred money initially to his own bank account and then to a company he set up.

The stolen money was purportedly used towards a deposit on a house and to a new car loan. 

He was also ordered to carry out 100 hours’ unpaid work.

PC Andrew Smetham, Avon and Somerset Police, officer in the case, said: “Fraud is not a victimless crime. Even though the money was paid back, Shafiq’s actions were estimated to have cost the company somewhere in the region of £40,000, due to its own expenses and rectifying the losses they incurred.”

He has since paid back the money.

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