Treasurer gambled £217k of Sutton Coldfield club takings
A sports club treasurer who swindled £217,000 to gamble on the stock market has been jailed.
Jeffrey Hampson, of Sutton Coldfield, managed finances at Boldmere Sports and Social club, Birmingham Crown Court heard.
The 55-year-old transferred money from the club to his online trading account before gambling on high risk shares.
Hampson admitted fraud by abuse of position and was sentenced to 32 months.
Officers said Hampson produced doctored bank statements and invoices to prove why the club's finances were dwindling.
Suspicions were raised when suppliers that Hampson claimed he had paid, began demanding payment.
Hampson, whose main job was working as a senior manager at a Rolls Royce subsidiary on a £50,000 annual salary, was arrested at his home in Sir Alfreds Way, Walmley, in February.
West Midlands Police examined his laptop and uncovered fraudulent transactions.