Britain’s Serious Fraud Office announced this week the conviction of a group accountant in the culmination of its fraud conspiracy case against executives of software firm Torex Retail plc.

Mark Gavin Woodbridge, 42, was convicted of two counts of conspiracy to defraud and one count of false accounting. Woodbridge was sentenced in Oxford Crown Court to three years and ten months’ imprisonment. Woodbridge, who served as group financial accountant for the Torex Retail Group of Companies, was ordered to pay costs of £170,000 within 12 months, and has been disqualified from acting as a company director for three years.