Financial investigator jailed for stealing from his employers

28/10/2015

An accredited financial investigator who admitted to the theft of £153,610 from his employers has today been jailed at Leicester Crown Court to four years' imprisonment and ordered to repay the amount he stole within three months or have a further 18 months added to his sentence.

At an earlier hearing, 25-year-old Mujiber Ibrahim, who was employed by the East Midlands Regional Asset Recovery Team, pleaded guilty to two counts of theft.

In February and April 2015, officers from the East Midlands Serious Organised Crime Unit seized large quantities of cash as exhibits as part of three police operations.

These items were logged, sealed in evidence bags and locked away in safes in a building where the defendant worked. Following an internal audit, the defendant's employers became aware of the missing money and an investigation was launched.  Evidence showed that Ibrahim had stolen money on two occasions.  For the second offence, in late April 2015, Ibrahim was seen leaving the building where the seized items were secured.  He was carrying a blue crate which he put into his car before driving off.

Police recovered the blue crate from an address linked to the defendant as well as £113,000 which was hidden underneath the floorboards. Forensic evidence linked Ibrahim to the safe key, the safe, the blue crate and the cash.

Investigations also led to the discovery of casino and online gambling accounts which belonged to the defendant, which showed that he had lost considerable sums of money.

Ibrahim was arrested and later pleaded guilty to two counts of theft.

Warren Stanier, Senior Crown Prosecutor from the West Midlands Crown Prosecution Service's Complex Casework Unit said:

"Mujiber Ibrahim was employed in a position requiring a significant degree of trust.  He abused this trust in order to steal money from his employer to fund his gambling addiction.

"Investigations will continue to try to recover any available assets, although it would appear that much of the money has been frittered away in unsuccessful gambling."