Production Boss At Universal Music Stole Over £600K From Company

A former head of production at record label giant Universal Music had admitted stealing over £600,000 from the company.

Duncan Schwier, 52, of Clifden Road, Twickenham left behind a paper trail when promoted, which revealed multiple invoice payments to non-existent companies.

The American-based French-owned multinational is the largest music corporation in the world and its artists include Eminem, 50 Cent and Jennifer Lopez.

He pleaded guilty at Hammersmith Magistrates Court yesterday to one count of stealing £643,697.35 between December 31, 2001 and December 31, last year from his Kensington-based employers.

The court heard Schwier had been employed by the company since 1984 and the member of staff who took over his role noticed something strange about his predecessor's transactions.

He was bailed to appear at Isleworth Crown Court for sentencing on September 30 and a probation report was ordered by the magistrates.