£90,000 Telford fraudster to pay back just £200

A man who defrauded a Shropshire firm out of nearly £90,000 will only have to pay back £200 a court has ruled.

£90,000 Telford fraudster to pay back just £200

Ben Young, 29, abused his position as a senior logistics administrator at Telford-based stationery supplier Lyreco after his own finances spiralled out of control.

He hired cars for his own use, abused a privileged company fuel card and spent thousands of pounds on buying items using company cash which he then sold on eBay and other internet auction sites.

Young, of Stanmore Drive, Trench, Telford, had admitted obtaining £88,695.98 fraudulently by abuse of position.

At a brief hearing at the same court, Robert Edwards, prosecuting, said the only money available from this crime to confiscate was £200 which were kept in a Lloyds TSB account.

Judge Peter Barrie said: "The only amount is £200 so I order the confiscation of these funds to be paid in way of compensation to the victim."

The fraud was committed between November 2009 and March 2011 and Young was sacked by bosses at Lyreco when it came to light.

Young has seven days to make the payment.

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