Pensions Regulator  

Charity boss denies pension fraud

Charity boss denies pension fraud

The former head of a charity for the disabled has pleaded not guilty after being accused of transferring £250,000 from the organisation's pension scheme.

Patrick McLarry pleaded not guilty at Winchester Crown Court yesterday (May 28) to a charge of fraud in a case brought by The Pensions Regulator (TPR).

Mr McLarry is accused of transferring more than £250,000 from the pension scheme of Yateley Industries for the Disabled. 

He appeared alongside his wife, Sandra McLarry, who entered not guilty pleas to four charges of money-laundering.

The couple were bailed to appear at Salisbury Crown Court for trial on November 11.

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.

amy.austin@ft.com