Henry Sathiya-Balan was been imprisoned for three years
Henry Sathiya-Balan was the financial director at an architects firm based in Southwark.
Over a three-year period beginning in April 2014, the 34-year-old used company credit cards to purchase hotel rooms and fund personal holidays.
Sathiya-Balan, of Lechmere Avenue, Chigwell, used a private and exclusive chauffeur agency through which a lot of high-value payments were made, including the hotel rooms, but also to book taxis and even helicopters.
Eventually, the company noticed financial irregularities and suspicion fell on Sathiya-Balan.
He was arrested in June 2017 and, following a lengthy investigation, he was charged with two counts of fraud and possession of criminal property.
Sathiya-Balan was found guilty of those offences and was sentenced yesterday at Wood Green Crown Court to three years imprisonment.
A confiscation timetable has been set for the recovery of his assets.
Detective Constable Samuel Cafferty of the South Area Command said: “Sathiya-Balan has caused significant financial loss and distress to those whom he worked with.
“While an exact figure of how much money Sathiya-Balan took has yet to be confirmed, it is estimated he stole in the region of £80,000 for his own personal gain.
“He had absolutely no thought for those around him, abusing the trust of his employers and continued taking money for three years while he worked; enjoying expensive trips, lavish accessories and a wealthy, selfish way of life.
“He is undoubtedly deserving of the punishment that the judge has provided.”
Tags: London, Chigwell, Epping Forest
