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Accountant stole pounds 25,000 for gambling habit.

A company accountant stole pounds 25,000 from his boss over twoand-a-half years to help pay for his gambling addiction, a court heard yesterday.

John Smith (59), was responsible for 90 per cent of the financial affairs of Margaret Wort and Company, a firm of court shorthand writers in Burntwood, Staffordshire, and his boss relied on him and trusted him to do the job, said Simon Ward, prosecuting.

Smith, of Jenkinson Avenue, Wednesbury, Sandwell, pleaded guilty to 11 charges of stealing pounds 11,000 between February 2001 and September 2003 and asked for 23 similar offences totalling pounds 14,000 to be taken into consideration.

He was jailed for 20 months. Mr Ward told Stafford Crown Court the company did not notice that money was missing until September last year.

Malcolm Morse, defending, said: 'He has started to do what he can to repay the money.'

Judge John Rubery ordered Smith to pay pounds 25,000 compensation.
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Publication:The Birmingham Post (England)
Date:May 25, 2004
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