Finance boss jailed for embezzling £60,000 from Havant building and design firm - leaving staff at risk of being sacked

A newly-hired finance boss has been jailed after she embezzled more than £60,000 and spent it on flights, holidays, and designer shoes.
Watch more of our videos on Shots! 
and live on Freeview channel 276
Visit Shots! now

‘Greedy’ Vicki Fortune began funnelling thousands of pounds into her own accounts just weeks after joining a business which has worked on Westminster Palace.

The company was left in dire straits as a result of her 15-month fraud campaign but the 42-year-old ‘spared no thought’ for colleagues at risk of losing their jobs as she booked weekends away on Expedia.

Hide Ad
Hide Ad

When she was caught by a junior accounts worker, Fortune blamed it on being cash-strapped after a divorce and said she owed bailiffs £20,000.

Vicki Fortune  Picture: Will Dax/Solent News & Photo AgencyVicki Fortune  Picture: Will Dax/Solent News & Photo Agency
Vicki Fortune Picture: Will Dax/Solent News & Photo Agency

But a judge ruled she was driven by her greed and ‘any source of money was vulnerable’ as he jailed her for 16 months.

Read More
Drunk woman dumped behind bars for Christmas after turning up to court sentence ...

Mother of two teenage boys Fortune joined family business Architectural Louvre Products & Services (ALPS) in Havant, as financial controller in 2018 and within a month was appointed company secretary.

She had ‘extensive responsibilities’, prosecutor Matthew Lawson told Portsmouth Crown Court.

Hide Ad
Hide Ad

He said: ‘As one of the most senior positions, she had overall responsibility for the accounts and was given full access to their bank accounts and credit cards.

‘Despite the trust placed upon her, within a few weeks of joining she began embezzling money from the company.’

Fortune used company credit cards, falsified payments so money was sent to her four accounts, and duplicated invoices as part of her fraud.

She stole a total of £61,764 between August 2018 and December 2019, with over £4,500 going on flights, shoes, meals and presents.

Hide Ad
Hide Ad

Newly hired financial assistant Abigail Mayor uncovered the fraud and reported it to director Mark Platten.

Mr Platten told the court it caused the business serious cash flow issues, caused negative relationships with suppliers, and left the company so short of cash it could not pay staff or provide bonuses.

Fortune’s offending crippled the company’s finances going into the Covid-19 pandemic and it had to lay four people off.

Staff are still at risk of redundancy, Mr Platten said. ‘It’s caused a lot of stress trying to make sure the business could continue trading, it's been very testing.’

Hide Ad
Hide Ad

Jason Halsey, defending, said Fortune was left short on money after a divorce and was ‘remorseful’.

He said: ‘Problems piled up... It left her very short and she was looking after two children and she ended up renting.

‘She said it was never her intention to keep the money and she would pay it back but she got too deep and the addiction became too much so she could not tell anyone.

‘She admitted that she was out of control and greedy.’

Fortune has made offers to ALPS to start paying money back in monthly instalments.

Judge Timothy Mousley QC jailed her for 16 months.

Hide Ad
Hide Ad

He said: ‘Any source of money for you was vulnerable to your dishonesties and it doesn't look like you held back from the amount you were looking to steal.

‘You had a high degree of trust imposed on you and these were blatant breaches.

‘You got away with it until a financial assistant discovered what was going on.

‘Some of the money was spent on holidays and expensive purchases.

‘It was a sophisticated fraud and had you not been discovered I'm quite sure you would have continued to defraud your employers.

Hide Ad
Hide Ad

‘It seems to me as you went about stealing this money you never spared a thought for other employees whose jobs were put at risk.’

Judge Mousley QC said Fortune may have been £20,000 in debt to bailiffs, but she 'went past that point' and was being ‘greedy’.

Fortune, of Waterlooville admitted fraud by false representation