Three years with a postponement for financial director PZ Midow who embezzles 664,000

Three years with a postponement for financial director PZ Midow who embezzles 664,000

He stole no less than 664,000 euros from his employer. “At first I did it out of necessity, but gradually I used the money to pay for my expensive lifestyle,” the defendant admitted.

“All together it is more than 660,000 euros,” said the prosecutor during the hearing of the case. “The first withdrawals date from 2006. To cover everything up, he falsified documents. As a financial director, he enjoyed the trust of his employer. He abused that trust to pay for his expensive lifestyle. Severe punishment is in order.”

Slippery slope

The defendant’s lawyer pointed out that his client spontaneously confessed to the facts. “After a serious bicycle accident in 2008, he got into financial difficulties. He wanted to use the funds for a short time to empty certain needs, but that was of course a slippery slope. It became a kind of addiction.” In the meantime, S. has already repaid part of it.”

The court in Kortrijk sentenced him to a suspended prison sentence of 3 years on Wednesday. He still has to pay back 449,944 euros to the police. He may not practice a legal person for 3 years and will be deprived of his rights for 10 years.

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