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Bristol Post
Bristol Post
National
Ellie Kendall

'Parasite' former head of finance jailed after £1.2million fraud to fund his lavish lifestyle

A man who worked as a company head of finance has been jailed for 10 years after admitting to stealing more than £1million from his employers to fund a lavish lifestyle, including expensive cars and holidays abroad.

Michael Black, 56, fraudulently pocketed around £1.2million from three businesses he worked for between 2010 and 2019. On Friday, April 22, he was sentenced at Bristol Crown Court to 10 years and nine months in prison, also receiving a 12-year company director disqualification.

Black had been trusted with company finances at three different businesses and on more than 400 occasions abused his position to transfer money from their accounts to his own. He disguised the transfers so they didn't appear to go directly to him.

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