Login Register

Fraudster told to sell horses to help repay £85k she had stolen

By North Devon Journal  |  Posted: December 06, 2012

FRAUD: Deborah Frary.

A FRAUDSTER has been ordered to sell her three horses to help repay some of the £85,000 she stole from a property company.

Deborah Frary has also been told she must also sell her pension to raise extra funds or risk spending a further four months in jail.

Frary, 54, was jailed for 32 months at Exeter Crown Court in May when she admitted ten thefts and asked for 70 more to be considered.

A three-times convicted fraudster, she plundered the accounts of Exeter business Haven Investments by lying about her past and getting her job under a false name.

She hacked into the company's banking system and diverted regular payments to herself while writing them into the books as being to genuine creditors.

She spent the money on an Audi Quattro and keeping three horses called Milly, Smoky and Shannon at the North Devon smallholding where she lived.

Her son sold the car for £2,000 online within days of her being jailed and she is still trying to get the money off him so she can pass it on.

Frary, of Hope Farm, Highampton, near Beaworthy, was subject to a financial investigation after her arrest.

She appeared back at the crown court via video link from jail for a confiscation hearing.

Judge John Neligan ordered her to repay £7,492 after being told this was the total sum of her available assets.

He imposed a four-month sentence in default, which she will serve if she cannot repay the money within six months.

The judge said: "The three horses will have to be sold and the Aviva pension policy shall be surrendered, which will raise £4,335.29.

"You will have to pursue your son for the money from the Audi.

"If you don't get it I suppose you may have to borrow the money from other sources but I advise you not to do so at a usurious rate because that will only get you into more trouble.

"The money will be paid to compensate Haven Investments, but it is only a drop in the ocean."

Gareth Evans, for the prosecution, said an investigation showed Frary stole £85,364.72 between February and September 2011 but only £7,492 was available to be repaid.

Edward Bailey, for the defence, said Frary's son Bill Sleaford sold her Audi Quattro online for £2,000 before she was able to hand it over to the police or the firm.

He said she is now trying to get the money off him.

Read more from North Devon Journal