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Former Insolvency Service employee handed prison sentence 10 December 2012

An insolvency manager has been sentenced to 12 months in prison for stealing £126,000 from her employer the Insolvency Service.

Samantha (or Sam) O’Sullivan, who had worked at the official receivers office in Croydon for more than 20 years, was sentenced at Croydon Crown Court on 6 December 2012 by Judge R E Downing.

She pleaded guilty to six counts of fraud by abuse of position and not guilty to three other charges.

O’Sullivan, who is 44-years-old, will serve six months of her sentence with immediate effect and will then be released on licence.

The government agency previously told Credit Today that she was suspended immediately on discovery of the fraud in June 2011 and dismissed in August the same year following an internal investigation.

O’Sullivan, of Davidson Road in Croydon, stole £126,444 from insolvent estates, which was reported by the Insolvency Service in its annual report for the year to March 2012.

The official receiver has taken charge of her property and £54,000 has already been recovered.

A spokesman for the Insolvency Service said that it was still considering further recoveries.

 

 

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