Jemca sales exec fraudster jailed
06 May 2021
A corporate sales executive for Jemca Toyota Bracknell has been jailed for three years and 10 months after defrauding the company of more than £750k to fuel a gambling addiction. “Richard Zarifeh started by taking cash payments from customers and ended up giving them his own bank account details,” said prosecutor Lily Roberts-Phelps. “This was a sophisticated fraud.”
The defendant started the fraud in early 2017 and it continued for two years. It was only revealed when he confessed to a colleague. He has reportedly since met with Jemca staff to explain the faults in their financial systems so they can be improved.
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