UK - Internet-based bookmaker Betfair.com is returning over £200,000 it earned in commission from a company director who gambled with money stolen from a pension fund.
Andrew Petrie was jailed for six and a half years for stealing £1,592,000 out of the pension scheme of MMD Design and Consultancy over a 21-month period. Petrie worked for Lower Sapey Pension Ma...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
