Universal's Duncan Schwier admits stealing £650,000 from the major
Former Universal executive Duncan Schwier has admitted to stealing almost £650,000 from the major, pleading guilty to a charge of theft by employee at Hammersmith Magistrates Court.
Schwier syphoned hundreds of thousands of pounds from the company over 10 years in the production music division of Universal Music Publishing, The Daily Mail reports.
The scam was uncovered when Schwier was promoted last year and his successor John Clifford noticed large payments had been paid to fake companies.
Schwier admitted the ...
Login to access this article
To access this article you need to be a subscriber. If you are a subscriber login below.
Login NowSubscribe
If you have previously taken a trial you will need to subscribe to access this article.
Subscribe Now
