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Accountant who stole £5.5 million sentenced to 10 years in prison

A thieving accountant who stole over £5.5 million has been sentenced to 10 years in prison. 

64-year-old Port Erin man Richard Costain appeared before the Court of General Gaol at Douglas Courthouse yesterday.
 
He'd previously pleaded guilty to 13 counts of theft and one of obtaining a money transfer by deception. 
 
Between 2004 and 2014 Costain stole client funds at his workplace - proceeding to launder it through hundreds of separate payments.  
 
In August last year he fled the Island within hours of colleagues challenging discrepancies - police found and arrested him in January of this year. 
 
Sentencing him Deemster Montgomerie said he'd committed "grave breaches of trust" and described the thefts as "staggering".    
 

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