Pension fund manager convicted of stealing nearly £1m


A pension fund manager at one of the richest authorities in the UK has been found guilty of stealing nearly £1m from a council employee retirement pot to buy a new house and car. Ian Woodall, 47, tricked colleagues into signing off payments from the £1billion pension fund by disguising them as investments. Woodall illegally siphoned off £924,841 from Westminster City Council, between 2009 and 2012, while employed as the pension fund manager. He moved the cash into overseas bank…

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