Preston worker committed fraud to gain power tools
An employee has been found guilty of fraud.
Kieran Woodcock, of Pines Walks, Preston, was convicted of abusing his position at Keyline Civils and Drainage, a building materials firm on Watery Lane, Ashton-on-Ribble, Preston, intending to make a financial gain - power tools - for himself.
He denied the charge but was found guilty after a trial before Preston Magistrates’ Court.
The bench was told the tools involved were worth £558.
Prosecutors said the 25-year-old had acted against the financial interests of the firm on May 8, 2019.
The haul included two Makita DAB Jobsite Radios DMR109 costing £131.11 and a Makita 18V LXT two piece kit costing £295.81.
Woodcock was also found guilty of a similar charge from May 17, 2019 relating to a Makita 18V LXT white combi drill and a Makita 230MM 110V angle grinder, together valued at £288.11.
The bench ordered him to pay a £300 fine.
He must also pay compensation of £846.14 to his former employers at a rate of £20 a month.
No costs were ordered.
Fraud costs UK business £190m a year. The Natwest bank has stated about 40% of that figure is stolen by staff.