Fraudster’s Boss Lost Job
Sunday, 13th January 2019 at 1:15pmThe Liverpool Echo reports that when a fraudster stole nearly £73,000 from his employer, his boss ended up losing his job.
David Peter James abused his position as Finance Manager to steal cash from the Japanese-owned Exedy Clutch Europe in Runcorn.
James ‘double-invoiced’ payments for suppliers, first paying into a genuine client account and then paying a duplicate invoice, siphoning off thousands of pounds at a time into two HSBC and Santander accounts that belonged to himself.
Due to the fraud the company’s chief executive lost his job even though he did nothing wrong.
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