A chartered accountant who admitted stealing money from clients and engaging in an accountancy practice known as teeming and lading was given a four-year suspended jail sentence yesterday for the theft of €162,000. James Hackett, aged 63, of 22 Ashington, Brooklodge, Glanmire, Co Cork, was given the suspended term at Cork Circuit Criminal Court. Dermot Sheehan BL, defence barrister, said that because some of the monies were put into the accounts of other clients, the actual losses did not total €162,000, but that injured parties were out of pocket to the total of over €53,000. By appealing to family and a large group of friends, Hackett had been able to gather that compensation in full, the balance to be lodged with his solicitor within days for payment of the injured parties, said Mr Sheehan.

Accountant gets suspended term for stealing over €160,000 from clients (Liam Heylin, Irish Examiner)

Pic: bluedolphin.ie