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Used car dealer narrowly avoids prison after £160,000 fraud at Post Office

  • Anthony Chediak ran two car dealership businesses when he committed fraud
  • Bournemouth Crown Court heard he paid cheques into accounts and then cancelled them
  • Money had already cleared due to processes changed by postmaster
  • Post Office was left £160,000 out of pocket
  • Car dealer avoids prison after admitting fraud by false representation

Time 2 weeks ago

A used car dealer has avoided prison after committing a £160,000 fraud at a post office as he fought to keep his dealership going.

Anthony Chediak ran two car dealership businesses registered in North Road, Poole – Coastline Cars Limited and Coastline Vehicle Supply Limited.

Chediak presented four cheques totalling £160k to Newtown Post Office in September 2017, reported the Dorset Echo.


They were paid into the accounts of the two businesses he ran, but a change in the process at the post office – implemented by then postmaster Douglas Grant – saw the accounts credited before the funds had been formally released.

Chediak then stopped the cheques which meant the Post Office was £160,000 short.

Companies House records show Coastline Cars Limited was liquidated in April 2018 and Coastline Vehicle Supply Limited was dissolved five months later.

Chediak, 46, of Queens Park Avenue, Bournemouth, admitted an offence of fraud by false representation at Bournemouth Crown Court. His trial was due to begin last Monday.

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He was sentenced to 58 weeks in prison, suspended for two years last Tuesday.

He was also told to complete 80 hours of unpaid work and pay a £2,700 compensation order.

Chediak was said to have had ‘extensive dealings’ with the Newtown Post Office which was located close to his business, said prosecutor Russell Pyne.

Pyne said the defendant had been ‘overwhelmed’ as he attempted to keep the companies afloat.

Mitigating for Chediak, Nick Cotter said his client had ‘made poor decisions’ and ‘regretted those decisions’.

Senior Post Office staff attended Newtown Post Office after the incident and spoke to Grant.

He returned with £25,000 in cash after he went to visit Chediak.

Grant was subsequently suspended and the Newtown Post Office was closed for good.

James Baggott's avatar

James is the founder and editor-in-chief of Car Dealer Magazine, and CEO of parent company Baize Group. James has been a motoring journalist for more than 20 years writing about cars and the car industry.

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