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Vic man jailed over $1.45 million fraud

AAP logoAAP 19/08/2016 By Melissa Iaria

An AMP insurance claims assessor who fleeced almost $1.45 million from the company to fund a gambling addiction will serve at least four years in jail.

Daniel Shiel, 36, was in charge of assessing claims when he fraudulently made 51 transactions into his bank account using company funds over 13 months, between 2013-15.

Victorian County Court Judge Richard Maidment said Shiel's crimes involved careful planning.

"Your conduct was premeditated, calculated and systematic," he said.

"It was devious and there was a measure of sophistication attached to it."

Shiel's crimes were uncovered last year when an employee discovered an anomaly in the company records, sparking further investigation.

He was jailed on Friday for six years and three months with a minimum four years.

He had pleaded guilty to five counts of obtaining financial advantage by deception and one of attempting to obtain financial advantage by deception.

The court heard Shiel began in the job in 2011 and was in charge of assessing customer claims under $100,000, but when his serious relationship ended, his gambling spiralled out of control.

Judge Maidment said it was a wonder how Shiel was able to get the job in the first place, given a criminal history, which included a previous armed robbery and other fraud matters.

"I'm at a loss to understand how it was with your offending history you were able to obtain a position with AMP which trusted you with the disbursement of funds of up to $100,000," he said.

"It seems to me to be unfortunate that you were able to obtain access to the funds that were obtained by you."

The judge said Shiel would have to address his gambling addiction in order to reform.

"It could become a blight on the rest of your life unless you deal with it.

"It already has been," he said.

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