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Ministry of Justice bod jailed for stealing £1.7m with fake IT consulting contract

Anonymous Coward
Anonymous Coward

That's not a bad rate of return: £1.7M less the £900k recovered means he's up £800k.

A 3.5 year sentence will see him automatically released after 21 months making it approx £40k per month in jail.

His only stupidity was not buying a foreign citizenship, sending all his cash offshore, hidden in foreign company accounts (in multiple layers across several jurisdictions), ultimately owned by his new foreign credentials. Then using a foreign company to pay him a stipend from which he could have rented cars and his house, protecting the capital value against if/when he was caught.

Obviously I haven't thought about this at all! :D

Oh and now he's inside, he'll get a free university education to pop out a Masters degree or 2, just for fun. :)

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