IT Execs Pressured Finance Pro To Falsify Accounts, Jury Told

3 years ago justice

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By Richard Crump (January 24, 2022, 5:41 PM GMT) — Two former executives at Redcentric PLC pressurized the British IT firm’s former finance director to falsify its accounts to mislead traders about its property and money owed, a prosecutor for the Metropolis watchdog stated as a two-month trial attracts to an in depth.

Fraser Fisher, who was chief govt of Redcentric, and the corporate’s former chief monetary officer, Timothy Coleman, leant on Estelle Croft to disguise the info service supplier’s poor monetary efficiency, the Monetary Conduct Authority informed the jury at Southwark Crown Court docket in closing arguments.

Coleman and Fisher “knowingly put strain” on Croft to provide money and debt figures near the market’s…

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