A MANAGER at a Leeds company who stole more than £30,000 and blew the cash at bookies’ shops has been jailed for two years.
Michael Codner, 47, worked as an estate manager for Creative Space Management Ltd and had been a trusted employee for 10 years, Leeds Crown Court heard.
Last March, the company took over running a large car park and Codner was responsible for cash collections of up to £5,000 per week from the venture.
Codner, who has no previous convictions, kept the takings in a safe in his office and was supposed to bank the cash at the end of each month.
But between last April and June this year, Codner stole a total of £30,298 which he told bosses he’d gambled away on horse racing at betting shops in Leeds and Pontefract.
Codner, of Carleton Mews, Pontefract, admitted theft.
Prosecutor, Alisha Kaye said Codner fobbed his bosses off with excuses as to why he hadn’t paid the cash in to the bank.
Miss Kaye added: “He was contacted again on June 24 by the managing director and he said then he had spent the money on horses and said there was no money left. He was arrested and made full admissions.
“He was very candid and said he had developed a bad gambling addiction.”
Mitigating, Nicholas Hammond said: “When he is available to work he will do all he can to pay back this money, such is the shame and remorse he feels for what he has done.”
Recorder Caroline Wigin told Codner: “The least sentence I can impose is one of two years in prison. It is not a sentence that I can suspend. This is a serious matter over a prolonged period involving a great deal of money and a man who was in a position of considerable trust.”
A confiscation hearing is due to be heard at Leeds Crown Court a later date.