Finance director who stole £648,000 from London Philharmonic Orchestra is jailed for four years


Finance director who stole £648,000 from London Philharmonic Orchestra is jailed for four years



Cameron Poole, a former financial director at the London Philharmonic Orchestra, was jailed for four years

A financial director who funded a luxury lifestyle by fiddling the finances of one of the country’s top orchestras to the tune of £648,000 has been jailed for four years.

Cameron Poole, 36, bought a four-bedroomed house in Herne Hill, exotic holidays around the world Situs Judi Slot Terbaru Jackpot Terbesar and artworks worth tens of thousands of pounds during the three-year fraud spree.

The Australian had been hired as a ‘safe pair of hands’ to look after the finances of the London Philharmonic Orchestra (LPO).

He is married to former Conservative councillor Suzanne Poole, with whom he has three children, but who left him after the fraud was discovered in November last year.

Poole had siphoned off the cash to pay for flights, clothing, art and jewellery and renovate the house that he and Suzanne, 32, shared.

The biggest single forged cheque for £85,000 was made out to his builder, but, in all, more than £360,000 of LPO money had been plundered to pay for his renovation.

The court was told it was estimated as a result of the fraud the LPO lost £2.3m in arts council grants, legal fees and missing interest payments.

It was only after he left his £60,000-a-year post that Poole’s bosses found there was a huge hole in the accounts where he had been siphoning off cash, using his financial expertise to cover his tracks.

Prosecutor David Levy said Poole, employed at the LPO from January 2004, was ‘regarded as a safe pair of hands, a reliable and well-liked individual’.

Poole said he started to steal the cash after the birth of his first child with Mrs Poole, as he wanted them to move to a bigger Situs Judi Slot Online Gampang Menang house, the court was told.

In a civil case against Poole in the High Court last year, the LPO began clawing back the swindled cash. It obtained a Poole’s £900,000 house, since sold to help pay the loss.

It also went after HSBC and got ‘full restitution of £481,000’ for forged cheques, ‘plus £35,000 in lost interest’.

Poole, who has been working as a waiter, has been ‘wiped out’ attempting to pay off the high court settlement, the court was told, raising £215,000 from the sale of the home, £43,000 from selling and thousands more by auctioning off his Rolex watch and an expensive diamond necklace.

Sentencing him, Judge Deborah Taylor said: ‘These were serious offences.

‘You were in a position of the utmost trust, and in that position you must have been aware of the potential danger and damage to the orchestra that you taking this money for your own personal gain could have had.A cautionary tale of decorrelating theory uncertainties ...

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