Fraudster used £175K stolen cash to fund lifestyle – and pay for niece’s wedding

A fraudster who stole £175,000 from her employer spent the cash on a lavish wedding for her niece, VIP football trips, a hot tub and holidays, a court heard.

Unbeknown to her boss, Susan Bailey gave herself a £33,000 pay rise and ripped off a total of £175,000 by using a fake company to transfer cash to herself.

Stoke-on-Trent Crown Court was told Bailey had worked for Palfreyman Power Limited since 2001 and defrauded the company between May 1, 2014, and July 29, 2016.

Detectives discovered Bailey tried to cover her tracks by inventing fake payments covering staff, wages, suppliers, bills and hospitality expenses, BirminghamLive reported.

Bailey was found to have splashed out on Stoke City Football Club hospitality packages, long-haul holidays, a new drive for her home, an extension, a hot tub, landscaped garden and expensive furniture.

She pleaded guilty to 11 charges of fraud by abuse of position but claimed she moved money around to help the business as it was in "financial trouble."

Get latest news headlines delivered free

Want all the latest shocking news and views from all over the world straight into your inbox?

We've got the best royal scoops, crime dramas and breaking stories – all delivered in that Daily Star style you love.

Our great newsletters will give you all you need to know, from hard news to that bit of glamour you need every day. They'll drop straight into your inbox and you can unsubscribe whenever you like.

You can sign up here – you won't regret it…

Appearing at Stoke-on-Trent Crown Court for sentencing on Tuesday April 20, the 66-year-old was sentenced to 40 months behind bars.

Paul Gibson, director of the firm, told the court he finds it "unbelievable" that Bailey could "betray" him and "still act normally" around his family.

He added that he was "devastated" to discover "the scale" of Bailey's theft and for how long it had been going on.

  • Conman swindled £850k from fiance by claiming he was a spy for MI6 and Putin's friend

Mr Gibson said: "I was absolutely devastated when I discovered the scale of her theft and treachery and for how long it had been going on.

"I still find it unbelievable she could steal and betray me on an almost daily basis and still act normally with me and my family."

Detective Con Gary Cliffe, of Staffordshire Police, said: "The deceit and dishonesty from Bailey and how she abused her position was immense. Bailey’s responsibility was to safeguard the financial interests of the company and not act against it.

"She took a huge sum of money from a company that trusted her and employed her and used it to live the high life."

Source: Read Full Article