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Economy
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Former Co-Operative Bank chair jailed for fraud

A disgraced former church minister and banking group boss who acquired the nickname Crystal Methodist has been jailed for three years by a judge in Manchester.

Paul Flowers, 74, had pleaded guilty to 18 fraud charges amounting to £100,000 after abusing his position as the executor of the will and holder of power of attorney for a woman named Margaret Jarvis.

He was due to be sentenced earlier this month but failed to turn up and an arrest warrant was issued.

Flowers is a former Methodist minister who chaired the Co-operative Bank. He hit the headlines in 2013 after the Mail on Sunday published secretly filmed footage of him handing over £300 in cash for crystal meth and other drugs in Leeds.

More to follow soon …

Source: www.theguardian.com