Particle.news
Download on the App Store

Newcastle Accounts Manager Jailed for £767,000 Theft to Fund Gambling

Proceeds of Crime proceedings will now seek to claw back any assets.

Overview

  • Susanne Redhead, 53, pleaded guilty to theft and was sentenced to three years in prison.
  • She stole £767,272 through 445 unauthorised transactions between November 2023 and January 2025 at Pure Panel Management.
  • The thefts escalated to about £100,000 in a week and £363,000 in December 2024 as she used the Christmas closure to empty accounts.
  • When challenged in January 2025, she admitted, "I've been gambling," with defence citing addiction and remorse.
  • The company was left in minus figures for the first time and was pushed to the brink of collapse, according to victim statements from senior managers.