Great Yarmouth Argos boss jailed after admitting £72k theft
The manager of an Argos catalogue store in Norfolk who stole £72,000 from the company safe over two years has been jailed for 18 months.
Mark Archer, 33, of Jex Road, Norwich, who ran the Great Yarmouth branch, admitted theft last month.
Norwich Crown Court heard that Archer, who said he was was unable to survive on his wage, took the money over a two-year period.
The theft was uncovered when an audit of the accounts found £72,000 missing.
Andrew Oliver, representing Archer, said his client was respected within Argos for the way he had worked his way up to a manager's position.
Turned to drink
Mr Oliver said Archer had now lost his home and his job.
The court also heard that Archer turned heavily to drink when his relationship broke down - and that is what the bulk of the money is likely to have been spent on.
Judge Alasdair Darroch praised Archer for working hard to get promotion - and credited him for having never committed a crime before and pleading guilty from the start.
But he added: "Unfortunately you have stolen a large amount of money over a long period when you were in a position of trust as a manager.
"No company can sustain this kind of loss. You put other people's jobs at risk as you stole this money."