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Former Cammell Laird finance director Allan Wood sentenced to 5 years, 3 months for stealing nearly £1.9M via fraud.
Allan Wood, 59, former finance director at Cammell Laird shipyard, was sentenced to five years and three months in prison on December 23, 2025, after pleading guilty to four counts of fraud by abuse of position.
He misappropriated nearly £1.9 million between 2007 and 2008, diverting over £1.5 million to personal accounts and spending more than £315,000 on unauthorized entertainment.
The fraud occurred during a financially struggling period for the company, forcing board members to contribute personal funds to avoid layoffs.
Merseyside Police launched an investigation in January 2021 following internal discrepancies, leading to his conviction.
Authorities emphasized the significant impact on employees and the message that such abuse of trust will be rigorously prosecuted.
El ex director financiero de Cammell Laird Allan Wood sentenciado a 5 años y 3 meses por robar casi £ 1.9 millones a través de fraude.