Saturday, February 28, 2009

Stamp Dealer Convicted of Embezzling Money from Churches

UK's Norfolk Eastern Daily Press reports stamp dealer Derek Klein, 54, has been ordered to sell his stamp collection to repay nearly £70,000 that he stole from two churches.

The former church treasurer took the money to fund an internet gambling habit. He was given a 16-month jail sentence after stealing the cash over more than two decades.

Klein, shown above, raised £25,000 from the sales since being convicted of theft in September 2007.

According to the article, "Klein is understood to be one of the country's leading stamp dealers. His collection is thought to contain tens of thousands of first-day covers, including stamps marking England's 1966 soccer World Cup win, the Silver Jubilee of George V and the silver wedding of George VI."

To read the entire article, click here.
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posted by Don Schilling at 12:01 AM