Man convicted of embezzling funds of more than one million pounds in Aberdeen
A man has been convicted of embezzling funds of more than one million pounds in Aberdeen.
Michael Paterson, 59, pled guilty at the High Court in Edinburgh of embezzling funds of £1,087,444.47. from Aberdeen City Council between 2006 and 2023.
An investigation was launched in 2023 when officers were made aware and he was arrested on 21 December, 2023.
He is due to be sentenced at a later date.
Detective Constable Tom Cameron said: “Paterson portrayed himself as an honest and professional individual and instead used his position to obtain a significant amount of money.
“I hope this investigation highlights our commitment to fully investigate all reports of financial crime.
“Anyone who believes they’ve been a victim of a financial crime, or has information about such offences, is urged to contact Police Scotland on 101. If you wish to do this anonymously, you can also call Crimestoppers on 0800 555 111.”
There is further advice available on our website: https://www.scotland.police.uk/advice-and-information/scams-and-frauds/