KronosSlott
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
  • Gambling

Subscribe to Updates

Get the latest Crypto news from kronosslott.

What's Hot

Price Prediction for Casper Ending January Through February 2023

January 28, 2023

Bitcoin Price Holds Above $23,000 – Consolidation or Accumulation?

January 28, 2023

Biggest Crypto Gainers Today – January 27

January 28, 2023
Facebook Twitter Instagram
  • Affiliate Disclosure
  • Anti Spam Policy
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram
KronosSlott
  • Altcoin
  • Bitcoin
  • Blockchain
  • Ethereum
  • Litecoin
  • Gambling
KronosSlott
Home » Ex-Church Official Guilty of Defrauding £5m From Charity, Using it to Gamble and Travel

Ex-Church Official Guilty of Defrauding £5m From Charity, Using it to Gamble and Travel

adminBy adminOctober 15, 2022No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Share
Facebook Twitter LinkedIn Pinterest Email


Prison time on the horizon

A former church official in the UK has pleaded guilty to stealing about £5.2m ($5.8m) from a charity and using the money to fund his travel and gambling. Martin Sargeant had been working as an operation manager in the Church of England Diocese of London between 2008 and August 2019.

During that period, he went on over 180 flights on British Airways. He specifically pleaded guilty on Friday in the Southwark Crown Court to fraud by abuse of position. He did not plead guilty to a count of money laundering.

currently lives in a gambling addiction treatment center

Sentencing in the case will take place on November 21; the judge has released Sargeant on conditional bail. The defendant currently lives in a gambling addiction treatment center. Judge Adam Hiddleston told the defendant to be prepared for a sentence that will result in some period of time in prison. The charges in the case were so serious that they had to go to a crown court rather than a magistrates court.

Took advantage of charity and churches

The 52-year-old Sargeant was the City Church grants committee clerk. The grants committee was originally started in 1891 as a way to help fund church restorations in the region.

would submit fraudulent grant requests for churches

To steal the funds, Sargeant would submit fraudulent grant requests for churches. He controlled a number of church bank accounts and was able to funnel the money through them and into his own accounts or through cash withdrawals.

The exact period during which the fraud took place was from January 2009 to December 2019. It was only last year that suspicions of Sargeant’s criminality arose after a parish aired concerns that it had not received certain funds.

Struggling with gambling addiction

Sargeant’s lawyer, Mark Ruffell, explained during the case that his client had a long-running addiction to gambling. Having since received treatment for these struggles, Ruffell said his client has undergone a transformation and understands the harm that he caused. Sargeant owns numerous properties in Scotland and has plans to sell them, as well as write apology letters to certain people.

Prosecutor Malachy Pakenham previously spoke about how Sargeant was able to get away with his fraud for so long, saying: “The simplicity and the level of trust put in the defendant meant he could carry on doing this over ten years, which is quite extraordinary.”

Packenham also noted the reputational damage the fraud did to the charity.

The post Ex-Church Official Guilty of Defrauding £5m From Charity, Using it to Gamble and Travel appeared first on VegasSlotsOnline News.

Source link



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
admin
  • Website

Related Posts

Blackjack Myths: Debunking Common Misconceptions About the Game

January 9, 2023

Legal Sports Betting Could Be a Winner, but Only With Video Gambling Reform, by Daily Editorials

January 9, 2023

Kentucky lawmakers introduce new bill to legalize sports betting, online poker

January 9, 2023

Comments are closed.

Don't Miss

Price Prediction for Casper Ending January Through February 2023

Blockchain January 28, 2023

Join Our Telegram channel to stay up to date on breaking news coverage As part…

Bitcoin Price Holds Above $23,000 – Consolidation or Accumulation?

January 28, 2023

Biggest Crypto Gainers Today – January 27

January 28, 2023

Proof NFTs are Safe – Exec Speaks After CEO’s Account Is Hacked

January 27, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

Price Prediction for Casper Ending January Through February 2023

January 28, 2023

Bitcoin Price Holds Above $23,000 – Consolidation or Accumulation?

January 28, 2023

Biggest Crypto Gainers Today – January 27

January 28, 2023

Proof NFTs are Safe – Exec Speaks After CEO’s Account Is Hacked

January 27, 2023

Subscribe to Updates

Get the latest Crypto news from kronosslott.

About Us
About Us

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook Twitter Pinterest YouTube WhatsApp
Categories
  • Altcoin (4)
  • Bitcoin (2,020)
  • Blockchain (770)
  • Ethereum (320)
  • Gambling (2,082)
  • Litecoin (55)
  • NFTs (2)
Our Picks

Price Prediction for Casper Ending January Through February 2023

January 28, 2023

Bitcoin Price Holds Above $23,000 – Consolidation or Accumulation?

January 28, 2023

Biggest Crypto Gainers Today – January 27

January 28, 2023
©2022 –Kronosslott. All Rights Reserved. Kronosslott.com is an independent i-Gaming news site and casino comparison service. Every effort is made to ensure that the bonus offers listed here are accurate and up-to-date. However, we accept no responsibility for inaccuracies or errors. It is your responsibility to confirm the terms of any promotion you choose to accept. Looking to Advertise with us? Kronosslott is always looking for new partnerships. To Inquire please email kronosslott@gmail.com

Type above and press Enter to search. Press Esc to cancel.