Assistant accountant warned he faces jail after admitting £328,500 Norfolk Chamber of Commerce fraud
PUBLISHED: 14:36 07 August 2014
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A 22-year-old assistant accountant has been warned he could be jailed after he admitted a £328,500 fraud from the Norfolk Chamber of Commerce.
Alexander Dickerson, of Davidson Road, Norwich, had previously been charged with fraud by abuse of position between 2012 and 2014.
Dickerson appeared at Norwich Crown Court today when he admitted the offence.
Dickerson, who wore a white shirt and dark tie, will be sentenced on September 18 after a pre-sentence report has been carried out.
Judge Katharine Moore said: “In adjourning your case for sentence I give no indication. These are extremely serious matters and plainly the custody threshold has been crossed but its right that the court has as much information as possible.”
Dickerson was granted conditional bail until the sentencing hearing.
As previously reported a spokesman for the Norfolk Chamber of Commerce said: “Norfolk Chamber of Commerce have been co-operating fully with an investigation by the Norfolk Constabulary, which resulted directly from a request made by the chamber for their assistance.
“The individual in question has not been employed by the Norfolk Chamber of Commerce since the end of March.
“Prior to and during court proceedings we are unable to discuss the case as it would be sub judice.
“I can assure you that this situation has not and will not impact on the day-to-day running of the chamber now or in the future.
“For us, it is business as usual, as we continue to provide first-class help and support for our members and the wider business community.”
The chamber has fought for a better deal for Norfolk businesses since 1896.
It is owned and directed by its business members and supports and represents businesses in all sectors.
The chamber’s latest accounts for the year ending March 2013 showed the organisation’s total expenditure was £661,038. It had been £744,084
in the financial year ending March 2012.
It reported an operating surplus of £23,114 in the year ending March 2013 and £10,491 in the previous 12 months.