Glasgow & West Scotland

Anthony Massot jailed over £125,000 company embezzlement

Anthony Massot Image copyright Spindrift
Image caption Massot admitted embezzling cash between March 2007 and July 2010

A financial controller has been jailed for 18 months after embezzling £125,000 from the computer company he worked at.

Anthony Massot, 49, bought goods for SJ Kennedy Ltd in Cambuslang, South Lanarkshire, using his own credit card.

An audit of the firm's accounts later showed he had been adding on more than he was entitled too when reimbursing himself for the expenditure.

At Glasgow Sheriff Court, Massot from Neilston, East Renfrewshire, admitted embezzling the cash.

The offences took place between March 2007 and July 2010.

Passing sentence, Sheriff Lindsay Wood said: "To begin with you were trying to assist your employers, unfortunately greed took over and you helped yourself to money."

Procurator fiscal depute Harry Findlay said SJ Kennedy was a computer supply company providing hardware and software to commercial clients.

He told the court that the firm's bank raised queries about invoicing and that led to an audit.

Audit 'anomalies'

The prosecutor said "anomalies" were spotted during an examination of company affairs and Massot was challenged by a company director and admitted his crime.

Mr Findlay said: "The accused was using his own credit resources at times to pay company debts.

"When goods were obtained on behalf of the company, he at times used his own credit card."

The court heard Massot then reimbursed himself but "repaid too much".

Massot confessed to bosses he had embezzled around £97,000 and agreed to make repayments.

He sold assets including a caravan and jewellery totalling £71,788 which he gave to his employers.

Defence advocate Mark Moir said that although Massot was unemployed, his wife was working and they were repaying the money to liquidators of the company at £205 a month.

He said his client was "genuinely remorseful" and was making efforts to repay the money.

Mr Moir added that Massot was not the cause of the firm going into liquidation.

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