Sentence date set for former Co-op Bank boss Paul Flowers after admitting £100,000 fraud

manchestereveningnews.co.uk:

A sentence date has been set for a former Co-op bank boss who previously admitted a catalogue of fraud worth almost £100,000.

At a hearing in July this year, Paul Flowers, 74, pleaded guilty to 18 charges after abusing his position as the executor of the will and holder of power of attorney of a woman named Margaret Jarvis, who is understood to have been a friend of his.

He admitted withdrawing about £70,000 of her money in cash, and using about £34,000 of her money to buy goods and services. READ MORE: Neighbours heard her yelping - what they saw next resulted in them calling the RSPCA He used Ms Jarvis’ money to make payments of £415 and £1,046.50 to the Wine Society, payments to P&O Cruises of £840 and £486, a sum of £491.34 to Holiday Extras, £341,33 to Hotel Domenico in Corfu, £980 to Eurostar, £1,275 to Gekay Carpets Limited, to pay for floor coverings in his own house, as well as payments of £56 and £47 to the Royal Exchange theatre in Manchester.

The frauds he admitted totalled more than £180,000, but Manchester Crown Court heard that Flowers had submitted a basis of plea in which he accepted fraudulent activity totalling just under £100,000.