Mark Woodbridge, a former company executive of Torex Retail,
has been jailed for three years and ten months for fraud after accounts were
manipulated to show healthy trading. Mr Woodbridge has also been disqualified
from acting as a company director for three years and is to pay costs of
£170,000 within 12 months. The court case also tried former executive Nigel
Horn but he was acquitted, while two others on the same indictment, Christopher
Moore and Robert Loosemore, were not tried alongside Woodbridge and Horn as
they had already pleaded guilty ahead of the trial. The case is the final
chapter in the prosecution of former directors at Torex, a company that made
software for touch-screen tills.
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