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Finance director jailed for fraud | Finance director jailed for fraud |
(30 minutes later) | |
A former KPMG finance director, who stole £500,000 to fund his wife's lavish lifestyle has been sentenced to four years in jail. | |
Andrew Wetherall, 49, of Christchurch Close, St Albans, Hertfordshire, admitted false accounting and fraud, at London's Southwark Crown Court. | |
The father-of-two stole £545,620 to supplement his six-figure wage between September 2002 and January 2007. | |
The court was told he had taken the money to pay for cars and holidays. | |
Wetherall said when his wife's previous partner tried to reduce maintenance payments, he was worried her lifestyle would suffer. | |
Her spending sprees came to about £15,000 a month, the court was told. | |
The court heard he was desperate to avoid marital tension or a divorce so made bogus expense claims. | |
He spent the money on expensive watches, top-of-the range cars and five-star holidays. | |
By the time he was arrested £545,620 was missing, but he has since repaid nearly £340,000, the court was told. |