Fraudster caught out after lying to get job

A FINANCIAL worker who fiddled credit agreements so he would earn a better rate of commission has been sentenced for seven counts of false accounting.

Bienvenu Vandermesh, of Quakers Court, Abingdon, lied about a previous conviction for obtaining property by deception to get a job as an agent for Provident Financial, which grants small loans to people who would not normally qualify for credit.

Then the 38-year-old took advantage of his position, Oxford Crown Court heard on Monday, by incorrectly entering amounts on forms and pocketing the difference, ripping pages out of passbooks and forging signatures.

His deception came to light when customer Teresa Day made enquiries when her husband was refused credit elsewhere.

In all, Vandermesh defrauded Provident out of £1,738.11. He has since paid back £1,114.50.

Vandermesh was given a 12 month prison sentence, suspended for two years, and ordered to pay £623 compensation and £425 costs.

Judge Michael Gledhill told him: “You ought to be thoroughly ashamed of yourself.”

Provident Financial spokesman Annette Stewart said: “We always seek to protect our customers by reporting cases such as these to the police.”

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Comments(2)

Headington_angel says...
5:38pm Wed 8 Aug 12

A company like Provident should have been more careful when hiring. Imagine this man could have come in to your home!!. yet they employed someone who I would more money on, that has no knowledge of finances or the current climate and was willing to rip off the poor in a sad attempt I might add....So who is getting the compensation? The poor people who were ripped off or the Provident people who make enough money through their huge interest rates??!!

Scrofulous Serf says...
8:51am Thu 9 Aug 12

Given that, in some cases, Provident charges APRs in excess of 1,000%, it is hard to tell who are the thieves in this case.

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