Mildenhall man who stole from employers to fund ‘Walter Mitty’ lifestyle has little cash left, court hears

Ipswich Crown Court ANL-140617-141524001
Ipswich Crown Court ANL-140617-141524001
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A Mildenhall man who defrauded two companies to pay for a ‘Walter Mitty’ lifestyle he could not afford has very little of what he stole left, a court has heard.

Damian Storey, 36, of Trinity Avenue, gained £32,095 from his crimes but now has just £1,000 to his name, Ipswich Crown Court heard today (Monday).

Storey had attempted to appear wealthier than he really was, the court was told when he was jailed for 15 months in April after pleading guilty to four offences of fraud by false representation.

When he was sentenced, Judge Peter Jacobs told Storey: “You gave been a bit of a Walter Mitty. You tried to big yourself up.”

Storey had showered thousands of pounds on a woman he met and used a company credit card to spend £159 on internet dating sites, £843 on flowers and £2,002 at a jewellers.

He managed to obtain more money by pretending to be members of staff who had left and then rejoined his employers.

Storey, who had worked between November 2012 and September 2013 as a financial manager at specialist IT company Retail Services Team in Newmarket where he was trusted to have control of a credit card belonging to the company, returned to the same court for a Proceeds of Crime Act hearing.

Just days after being dismissed, Storey joined Circle Housing Group in Norwich and became payroll manager, using his position over four months to collect £7,736 in wages for former employees he falsely claimed had rejoined the company.

More than £10,000 of the money Storey stole from the two companies was lavished on a woman he took pity on because she was pregnant and her partner had left her.

When Storey was sentenced in April, Judge Jacobs told him: “You took pity on a lady whose partner left her while she was pregnant. I’m not going to impugn your motives but there is no fool like an old fool and you weren’t an old fool, you were 35.”

Storey, who is married with children, has been given three months to hand over his remaining £1,000 to the court. Failure to comply with that deadline will result in 28 days being added to his prison sentence, he was warned.