Ex celebrity accountant jailed over £3.5m fraud
13 May 2019
A former accountant to the stars has been given a jail sentence for defrauding celebrities, including singer Rita Ora, of at least £3.5m to fund a gambling addiction and luxury lifestyle
13 May 2019
Andrew Munday, from Northamptonshire, used the money to buy houses, football and Star Wars memorabilia, high-end watches and an executive lounge membership at Tottenham Hotspur football club.
Northampton Crown Court heard Munday had defrauded a string of clients, some of whom were high profile and in the public eye, while employed by Blue Cube Business Ltd. Munday, who admitted six counts of fraud and three counts of money laundering, was jailed for five years and eight months.
In a victim statement, the singer VV Brown said Munday had ‘ruined a lot of people's lives’ and left ‘deep scars’ in relation to trust. Munday caused a loss to former X Factor judge Ora's company of nearly £2.4m, the court heard. He also stole £1.08m from Decidedly Dawson Ltd, the company of former England scrum-half and Question of Sport captain Matt Dawson.
Munday had previously been declared bankrupt after building up gambling debts.
Simon Davis, prosecuting, said Munday had ‘rifled the bank accounts of those he had been entrusted to manage’ in order to spend the money on a lavish lifestyle, real estate and gambling.
Aggravating features included the sophistication of the fraud, the length of time, seven years, of offending, the forging of consultancy documents and falsifying bank accounts to obtain credit, he added.
Detective Sergeant, Richard Barnett, of Northampton police force’s financial investigation team who managed the investigation, said: ‘This has been a lengthy and complex investigation dating back to 2016.
‘Munday abused his position of trust, which has caused significant financial and emotional harm to all of the victims.
‘I hope he will use his time in custody to reflect on his actions which have left a trail of misery in its wake.’