Michael Wallace From Camborne Cornwall Admits Cocaine Funding Theft

A TRAINEE flooring fitter used a company credit card to splash out on cocaine.

Michael Wallace, 35, had been sent to London over May Bank Holiday 2016 by his boss at Corsham-based BSB Flooring.

His boss had given a company credit card to the contractor with whom Wallace was working. The card was meant to fund food and other basic items the pair would need while working in the capital.

After the bank holiday, the company received a handwritten note from Wallace informing his boss he was not planning to return to work and that he had struggled with a cocaine habit.

The company’s manager checked with the credit card company. Three cash withdrawals totaling £600 had been made between May 27 and 31. The card had also been used to make payments of £35.13 to Tesco.

Wallace left Wiltshire for Cornwall and it wasn’t until 2019 that he was picked up by police. Interviewed by officers, he claimed he had been owed money by his boss. Wage slips from the company disproved that claim.

He initially pleaded not guilty to three counts of theft and one charge of fraud.

When his solicitors lost touch with him over the summer a warrant was issued for his arrest and he was remanded in custody at the end of November.

Appearing before Swindon Crown Court via video link from Exeter Prison on Friday morning, Wallace, formerly of Potley Lane, Corsham, but now living in Camborne, Cornwall, admitted theft and fraud by false representation.


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