Greedy fraudster abused his position of trust...then tried to 'cover his tracks'

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Greedy fraudster abused his position of trust...then tried to 'cover his tracks'
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The greedy fraudster who abused his position of trust...then tried to 'cover his tracks'

A thieving pension fund administrator helped himself to almost £240,000 to pay off his debts, leaving the small company he worked for on the brink of collapse.

When a decision was made to 'wind up' the relatively modest fund dating back to the 1990s, it was agreed that Parker would write to the members of the scheme. But unbeknown to his colleagues or members of the scheme he had been regularly stealing from the fund between 2016 and 2020. But his crimes began to unravel when an independent financial advisor acting for one of the members of the Miss Mary of Sweden fund, which has now been wound up, contacted Multiplex about 'discrepancies' in the accounts.

Parker was employed 'in a position of trust' at the family owned business and his crimes had left colleagues in 'shock, disbelief and anger', said Ms Hever. When Parker was arrested and interviewed on December 31, 2021, he admitted he had stolen money from his employers. Mr Simons said the money had not gone to 'fund an extravagant lifestyle or purchase luxury items' but had been used to pay back a number of pay-day loans.

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Belgique Dernières Nouvelles, Belgique Actualités

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