The former chief executive of a charity for disabled people is to be prosecuted on suspicion of having stolen more than £250,000 from its pension scheme.
The Pensions Regulator said in a statement that Patrick McLarry, 70, of Bere Alston in Devon, had been charged with fraud against Yateley Industries for the Disabled, a Hampshire-based charity that provides work opportunities and training for disabled people.
The alleged fraud is said to have taken place between April 2011 and September 2013, when McLarry was chief executive and chair of the charity and director of the corporate trustee of the charity’s pension scheme.
McLarry’s wife, Sandra, 59, also of Bere Alston, who was secretary of the charity’s board, faces four charges of money laundering, the regulator said.
It said this was the first time it had brought a prosecution for this offence.
The pair are due to appear at Basingstoke Magistrates’ Court on 19 March.