Thetford woman jailed for stealing £1.7m from Newmarket-based Ecsec ordered to repay more than £700,000
PUBLISHED: 14:17 18 August 2017 | UPDATED: 15:02 18 August 2017
A woman who defrauded her employers of more than £1.7m has been ordered to repay more than £700,000.
Tracey Stevenson, 54, from Arlington Way, Thetford, Norfolk, wrote false cheques and transferred money from bank accounts belonging to the Newmarket-based building firm Ecsec.
Stevenson, who became addicted to online gambling, was jailed for four years last July, after admitting theft between 2011 and 2016.
The judge who sentenced her last year said that her offending had had a significant impact on her employer.
Now she has been ordered to pay back £786,766.38, at the conclusion of confiscation proceedings at Cambridge Crown Court.
It follows an investigation by police officers from the Eastern Region Special Operations Unit (ERSOU).
As a result of the Proceeds of Crime Act (POCA) Confiscation Order, it was directed that the hundreds of thousands of pounds must be paid back within three months.
Should the court order not be met, Stevenson would be made to serve a further six years’ imprisonment on top of her original sentence.
Det Chief Insp Liz Fernandes from ERSOU said: “This confiscation order made by the court brings to a conclusion an investigation conducted by our specialist financial investigators, alongside our colleagues in Cambridgeshire Constabulary.
“We are immensely satisfied with this outcome to what has been a complex investigation, and has ensured that the defendant in this case has been stripped of the profit she had made from her crime.
“In addition the company, who had fallen victim to her offending, has been compensated as a consequence, and the case goes to show that crime certainly does not pay.”
Stevenson became hooked on gambling after trips to a local bingo hall. She then began gambling online from her home.
She had two wins of £1.6m and £250,000, which she spent on buying houses in the UK and Spain.
Her dishonesty was discovered by her husband, who told her bosses.
Ecsec, based on Fordham Road, Newmarket, fits out the interiors of bars and restaurants.