9 July 2010 - 1:07pm | posted by | 1 comment

Crime doesn’t pay for TCS Media fraudster

Crime doesn’t pay for TCS Media fraudsterCrime doesn’t pay for TCS Media fraudster

An advertising exec who siphoned off £500k from his employers, TCS Media, has been sentenced to a three year stint at Her Majesty's pleasure.

Dean Fisher had loyally served TCS for 15 years, but turned tail in May 2008 after concocting a scam in which he claimed to have discovered a cheaper paper supplier.

In fact this was a brazen lie and Fisher went on to abuse his position of trust to falsify orders for his own profit in order to indulge a luxury lifestyle and finance his beloved Croydon Athletic FC, where he served as chairman.

Fisher lavished money on players, a Rolex watch and his gambling addiction during a 16 month deception.

The fraud eventually came to light when bosses twigged that something wasn’t adding up in August last year, at which point Fisher confessed all.

Colleagues of Fisher were said to be particularly upset after the rogue employee falsely claimed to have cancer, in fact he simply wanted time off work in order to undergo an £8k gastric bypass operation.

Weeping as he was led away Fisher and his family now face ruin as all stolen monies are repatriated, a process which has seen Fisher’s wife and children evicted from the family home and forced into rental accommodation.

 

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Comments

Anonymous (not verified)
9 Jul 2010 - 13:58
Anonymous's picture

Shouldn't the alarm bells have started ringing when a media planning agency began receiving invoices from a 'cheaper paper supplier'?

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