Director who used company credit cards to fund luxury lifestyle jailed

A FINANCIAL director from south Warwickshire who used company credit cards to book luxury holidays to Florida and cruises has been sentenced to four years and seven months.

David Carr, of St Laurence Way, Bidford-on-Avon, pleaded guilty to three counts of fraud by abuse of position of trust between 2014 and 2022.

In total, the 34 year-old’s fraud saw him benefit to the tune of £300,000 over a period of eight years, supporting a lifestyle well beyond his means which ultimately led to the Bromsgrove IT company where he was financial director going into administration.

As well as trips to Disney World, he also bought high value items such as computers, high-tech gadgets and designer exercise bikes.

Carr was sentenced to four years and seven months when he appeared at Worcester Crown Court. A Proceeds of Crime Act hearing is set to take place following his conviction.

An investigation into Carr’s fraudulent gains started in August 2022 leading to his arrest two months later, and he was charged the following July.

PC James Hall, who led the investigation into Carr, said: “We are pleased to get this custodial sentence for Carr who abused his position of trust as the financial director of a company to fund a luxury lifestyle well beyond his means.

“Carr’s eight years of stealing company money also led to the firm he worked for going into administration, impacting the jobs of fellow employees too.

“Fraud can often be seen as a ‘victimless crime’ but the actions of criminals like Carr can have a big impact on companies, their customers and staff, which was certainly the case here.”