A father who stole almost £240,000 from his employer has put his furious ex-colleagues at risk of redundancy. David Parker, 37, from Wythenshawe, Manchester stole almost a quarter of a million pounds from Multiplex Pension Trustees Ltd in order to pay off his debts.
Parker exploited his role as a pension fund administrator to make 53 transactions at the small company without their knowledge and has now put the firm on the brink of collapse. It was a four-year ruse that the father used to nab the money in to four different bank accounts that he controlled, reports the Manchester Evening News.
The man confessed his crimes to police and an independent financial advisor spotted discrepancies at Multiplex Pension Trustees Ltd, the Manchester-based business where Parker earned an annual salary of £37,000.