CFO jailed for £ 173,000 fraud against parent-owned care company
By Press Association 2021
The finance director of a healthcare provider has been jailed for six years for defrauding his employer of almost Â£ 200,000.
Bradley Young, 24, of Forest End, Waterlooville, Hampshire, pleaded guilty at Portsmouth Crown Court to abuse of position fraud against Platinum Care At Home between February 2018 and June 2020.
A Hampshire Police spokesperson said: ‘The owner of Platinum Care At Home contacted Hampshire Constabulary in July 2020 to report that Young had transferred Â£ 173,183 to his own personal bank account during his employment.
“This activity came to light when the business owner discovered that the accounts weren’t adding up and hired an accountant.”
Detective Constable Jenny Gibson said: ‘Young abused the trust of his employer, who is also a member of his family, to steal almost Â£ 200,000 for his own selfish gain.
“This naturally resulted in a time of great distress for the owner of the business and even for the business itself.”