Courts / Dublin / Report
Chartered accountant jailed for stealing over €450k from clients
Summary
Stephen Cheung, a 39‑year‑old chartered accountant, was sentenced to two years in prison after pleading guilty to 18 theft offences. Between 2009 and 2013 he stole €454,309 from nearly 20 former clients, acting as their liquidator. Cheung, who had a gambling addiction that began in 2004, turned himself in to Gardaí in January 2014 after feeling pressured and suicidal. He has four young sons and a stepdaughter, and his partner's low‑paid payroll job left the family financially strained. Cheung cooperated fully with the Garda Bureau of Fraud Investigation and had no prior convictions. He had been attending Gambler Anonymous meetings and giving talks on addiction. Judge Patrick McCartan noted Cheung's courage in reporting the thefts but imposed the sentence because the thefts caused significant loss to the beneficiaries.
Who, what, where, when and why
What: Report matter: Chartered accountant jailed for stealing over €450k from clients. Charges or matters: 18 offences involving the theft of an amount totalling €454,309 from nearly 20 clients between 2009 and 2013. Procedural stage: sentence
When:
- January 2014 Hearing Or Sentence
- January 31, 2014 Hearing Or Sentence
- 2009 and 2013 Other
- 2016-05-12 Publication
Why: However, he said that he had to hand down a prison sentence because of the serious nature of Mr. CNI source report
Case subjects
Convicted Person
Charges: 18 offences involving the theft of an amount totalling €454,309 from nearly 20 clients between 2009 and 2013 (Admitted)
Plea: Guilty
Outcome: Photo: Collins) By Liz Farsaci A chartered accountant struggling with a gambling addition has been jailed for two years for taking more than €400,000 from former clients.
Places mentioned
Topics
Related court reports
- Man charged with having 56k child abuse images and videos remanded on bail
- Ex-Dáil hopeful's allegations against former employer 'complete fantasy', WRC told
- Mater must pay €10k to worker who said he was wrongly accused of abusing patient
- 'I think we know I won't be getting bail' - Daniel Kinahan charged with directing criminal organisation
- Letting agent who claimed alleged domestic violence victim abandoned tenancy by fleeing to refuge must pay €14.7k
- 77-year-old with 470 convictions told Luas staff to 'f**k off'
If a fact, identity, locality or legal outcome needs review, email the newsroom with this report's details prefilled.
Email a correction request