Finance officer sentenced over £32,000 fraud

24/08/2017

A finance officer who used his position to defraud his own company has been given a suspended prison sentence.

Akilan Selvathiraviam, 34, forged and then cashed 36 cheques to the value of £32,955.99, while working in the finance department of Red Letter Days in Southgate. The money was later reimbursed by the company's bank.

He was given a 20 month prison sentence suspended for 24 months, along with 200 hours unpaid work on Wednesday 23 August at Wood Green Crown Court after pleading guilty to fraud by abuse of position at an earlier hearing. He was also ordered to pay back the money to the bank within 28 days.

Nicholas Coates, Senior District Crown Prosecutor for CPS London North, said: "Akilan Selvathiraviam's dishonesty left his company facing a significant loss to pay for his gambling debts,

"His deceit was discovered by his employers and, when he was told there was CCTV footage of him cashing the cheques he admitted his guilt.

"Fraud is never a victimless crime and whenever there is evidence of financial dishonesty, the CPS will work with police to bring a strong prosecution case.”

Notes:

Akilan Selvathiraviam, of Church Drive, Kingsbury, NW9, was born on 07/04/1983.

He pleaded guilty to fraud by abuse of position between 01/01/2017 and 20/02/2017.