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Avon Valley Railway says 'fraud' behind missing £50,000 Avon Valley Railway says 'fraud' behind missing £50,000
(1 day later)
About £50,000 is missing from Avon Valley Railway Heritage Trust's accounts, the charity saysAbout £50,000 is missing from Avon Valley Railway Heritage Trust's accounts, the charity says
A charity heritage railway has launched a fundraiser after it says £50,000 went missing following what is believes was fraudulent behaviour.A charity heritage railway has launched a fundraiser after it says £50,000 went missing following what is believes was fraudulent behaviour.
The Avon Valley Railway Heritage Trust, in Bitton, near Bristol, said it had first seen financial irregularities at the start of 2024 and, months later, bailiffs demanded £6,000.The Avon Valley Railway Heritage Trust, in Bitton, near Bristol, said it had first seen financial irregularities at the start of 2024 and, months later, bailiffs demanded £6,000.
After an internal investigation, it found £50,000 had been lost from the books of the railway, which has about 80,000 visitors each year and it is run by volunteers.After an internal investigation, it found £50,000 had been lost from the books of the railway, which has about 80,000 visitors each year and it is run by volunteers.
Roger Eynun, chairman of the trust, said trustees had to be "very, very careful about what we can spend at the moment". Roger Eynon, chairman of the trust, said trustees had to be "very, very careful about what we can spend at the moment".
He said some staff had been personally and financially hit by the discovery.He said some staff had been personally and financially hit by the discovery.
The missing money meant the trust's ability to work on restoring the heritage railway had also been impacted over the winter, he said.The missing money meant the trust's ability to work on restoring the heritage railway had also been impacted over the winter, he said.
Mr Eynun told the BBC the discovery had "set them back considerably", but it would "not kill them". Mr Eynon told the BBC the discovery had "set them back considerably", but it would "not kill them".
"We need to recoup the money in order that we can keep going.""We need to recoup the money in order that we can keep going."
The chairman added: "We can keep our volunteers together, and get on and progress, because our ultimate vision is to restore the line into Bath where it once was.The chairman added: "We can keep our volunteers together, and get on and progress, because our ultimate vision is to restore the line into Bath where it once was.
"So this is a means whereby we can ask the public to donate money into the appeal fund to recoup the £50,000. So every penny is gratefully received.""So this is a means whereby we can ask the public to donate money into the appeal fund to recoup the £50,000. So every penny is gratefully received."
The BBC understands police have received a report regarding the missing money.The BBC understands police have received a report regarding the missing money.
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