Rugby Club Treasurer Fraud: £28k Repayment Details
Here’s a summary of the news article:
Redruth Albany RFC Suffered Significant Financial Loss Due to Fraud
Redruth Albany Rugby Football Club was defrauded of £28,000 by its former treasurer, Katie Stevens (also known as Katie Stevens). She joined the club in 2019 and used her position to steal funds,change bank accounts,run up bills,and steal bar stock,particularly during the Covid-19 lockdowns.
Amount Stolen: £28,000 total – £20,000 from long-term club profits and £8,000 from stolen stock.
Impact: The loss has severely impacted the club, reversing years of hard work and careful financial management. They were unable to fix a broken boiler, resulting in players having to take cold showers.
Punishment: Stevens and her husband were ordered to pay back only £1 each, which the club president, Mr. Ferguson, described as “very disappointing and a little bit disgusted.”
Background: Stevens was hired due to her financial experience and her father’s previous role as club president.