Warwickshire Man Avoids Jail for Stealing Nearly £200,000 in Cryptocurrency
A 38-year-old man from Warwickshire, Ben Noden, has been spared jail for stealing nearly £200,000 in cryptocurrency from his employer, Peter Round. Noden had been tasked with managing cryptocurrency trades online but instead syphoned money from his boss's account to fund his gambling habit. The theft occurred between January 2021 and January 2022, with the victim ultimately losing £198,387 worth of savings.
Key Takeaways:
- Ben Noden, a 38-year-old man from Warwickshire, stole nearly £200,000 in cryptocurrency from his employer, Peter Round.
- Noden had been tasked with managing cryptocurrency trades online but instead used the funds for gambling, transferring thousands of pounds from his bank account to fund his habit.
- The theft occurred between January 2021 and January 2022, with the victim ultimately losing £198,387 worth of savings.
- Noden pleaded guilty to theft and fraud at Redditch Justice Centre and was sentenced to a two-year prison sentence, suspended for two years, and ordered to undertake a 25-day rehabilitation requirement.
- Peter Round, the victim, expressed outrage at the lenient sentence and questioned where the justice was in the case.
Statistics:
- The total amount stolen from Peter Round and his wife, Monica Davies, was £198,387.
- The theft occurred between January 2021 and January 2022.
- Ben Noden was sentenced to a two-year prison sentence, suspended for two years, and ordered to undertake a 25-day rehabilitation requirement.
Sources:
- Byline: Jaspreet Kaur A (Source: local news outlet, date not specified)
- Amiee Parkes (Prosecutor, Worcester Crown Court)
- Ben Noden's employer, Peter Round (Source: Worcester Crown Court)