The former head of a charity for the disabled is to be prosecuted on suspicion of having defrauded the charity’s pension scheme.
According to The Pensions Regulator, Patrick McLarry is accused of transferring more than £250,000 from the pension scheme of Yateley Industries for the Disabled.
The watchdog stated that Mr McLarry faces a charge of fraud, while his wife, Sandra McLarry, faces four charges of money laundering – the first time that TPR has brought a prosecution for this offence.
The offences are said to have taken place between April 2011 and September 2013, when Mr McLarry was both the chief executive and chairman of the charity and a director of the corporate trustee of the charity’s pension scheme.
Ms McLarry was the secretary of the Hampshire-based charity’s board.
The defendants will appear before the Basingstoke Magistrates’ Court on March 19.
maria.espadinha@ft.com
