FD ordered to repay employers £340,000

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A finance director has been ordered to repay more than £340,000 in compensation to the employers he stole money from.

Andrew Richards, 46, is currently serving a three-year jail term for stealing more than £700,000 from employers by siphoning large sums of money into his accounts.

Richards took the money, using sophisticated methods to camouflage his seven-year catalogue of crimes, and used it to buy cars, holidays, jewellery, and pay off his mortgage.

Now he will have to sell a house to pay back his victims under the Proceeds of Crime Act, the Gazette Live newspaper reported.

His assets included a £4,500 diamond set stone, a £30,000 Range Rover Evoque, a £13,400 Nissan Pathfinder, a £8,500 Lunar Quasar caravan and...

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About Nick Huber

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I’m a specialist business journalist and have a particular interest in tax and technology. 


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