Former finance chief at Cyrenians Cymru charged with £1.3m fraud

The homelessness charity went into administration in 2015

Former offices of Cyrenians Cymru
Former offices of Cyrenians Cymru

The former head of finance at the now defunct homelessness charity Cyrenians Cymru will appear in court next week on fraud charges.

Robert Mark Davies, 49, has been charged with fraud by abuse of position and will appear at Cardiff Magistrates’ Court on 21 February.

Davies was the head of finance at Cyrenians Cymru until his dismissal in 2014. He was arrested in 2014 after an investigation by the South Wales Police economic crime unit.

A statement from the court today said the alleged fraud was worth £1,343,074.

Cyrenians Cymru went into administration in 2015.

The charity, which had an income of £2.2m in the year to the end of March 2013, employed 75 staff.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in

Latest Charity Finance Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners


Expert hub

Insurance advice from Markel

How bad can cyber crime really get: cyber fraud #1

Promotion from Markel

In the first of a series, we investigate the risks to charities from having flawed cyber security - and why we need to up our game...