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Wales Online
Wales Online
National
John Scheerhout & Howard Lloyd

Company on brink of collapse after thieving dad stole almost £240,000 to pay off debts

A thieving dad left a small financial firm close to collapse after helping himself to almost £240,000 to pay off his debts. David Parker, 37, from Wythenshawe, secretly made 53 transactions under the noses of colleagues at a Manchester-based firm of financial advisors, moving cash into bank accounts he controlled during a four-year campaign of fraud.

The guilt-ridden dad told police about his crimes but cops did 'nothing' until an independent financial advisor spotted 'discrepancies' and his crimes began to unravel, a court heard. Now he has been jailed.

Parker betrayed the the trust placed in him by Multiplex Pension Trustees Ltd, where he worked as a pension fund administrator earning £37,000-a-year, the MEN reports.

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