A 50-year-old accountant has admitted swindling a Gloucestershire-based charity out of more than £100,000.
Dominic Fox, formerly of Chipping Campden but now living in Sidmouth Street, Reading, pleaded guilty to defrauding Citizens Online, based in Stroud, by abusing his position as financial director between June 1 and November 30, 2013.
Janine Wood, prosecuting, told Gloucester Crown Court Fox had dishonestly obtained £100,800 from the charity, which assists disadvantaged people with internet access.
He had put forward a basis of plea suggesting he had offered to repay the money, she said. But he would have been unable to do so because he was made bankrupt following discovery of the offences.
Fox was of previous good character, Ms Wood said.
Judge Jamie Tabor QC granted a defence request for a pre-sentence report to be prepared on Fox and bailed him until September 8.
But he warned him: “Just because I am ordering a pre-sentence report doesn’t mean anything. I can make no promises. It is an awful lot of money.”
But he told Fox he would get maximum credit, one-third off his sentence, for pleading guilty at an early stage.