Ex-building society boss faces fraud charges

A former director of the Staffordshire Building Society has appeared in court on fraud charges.

Andrew Thompson worked at the society as customer services director until his resignation in February 2001. He was a mortgage specialist who had been at the Staffordshire for six years.

He is accused of false accounting, obtaining wrongful credit and theft dating to his time at the society.

The society has passed details of the alleged fraud – which is understood to include around £3,000 of personal expenses – to the police. The charge of false accounting is understood to relate to internal accounts.

Richard Dickson, a spokesman for Staffordshire Building Society, says: “Andrew Thompson resigned as a director of the society as a result of this. But it did not affect members&#39 money at all – there is not a question of any members&#39 money being involved.”

Staffordshire says the sums involved were “modest”.

Thompson&#39s solicitor has refused to comment on yesterday&#39s hearing for plea and directions at Wolverhampton Crown Court.