Finance director's £800,000 fraud to fund gambling addiction contributed to hundreds of redundancies

Author: Live Casino Direct
 
Finance director's £800,000 fraud to fund gambling addiction contributed to hundreds of redundancies
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Lauren Farr, 34, falsified invoices to cover her tracks at We Fight Any Claim and stole £825,751 between March 10, 2016 and October 12, 2019. She was living a secret life of gambling and drinking. The company had to reduce its workforce from 600 to 50 people because of the fraud. Fara was on an annual salary of £70,000. She admitted stealing £60, but promised to repay the money. A payment of $5,500 was made in December 2019 and her BMW was transferred into the company's name.

Finance director's £800,000 fraud to fund gambling addiction contributed to hundreds of redundancies. She was sentenced to two years and eight months imprisonment. She had been drinking alone and gambling online at night in an attempt to improve her own position.