A FORMER JPMorgan boss has been jailed for two years and four months after stealing more than £100,000 from the bank.

Kevin Emerson was sentenced at Bournemouth Crown Court after admitting theft by employee and fraud by abuse of position while working at the Bournemouth offices of the international bank.

The court heard Emerson, of Hayward Way, Verwood, stole £118,000 to fund gambling debts and also admitted fraud and said it was to hide a mistake he made in a financial transfer.

He was sentenced by Judge Stephen Climie who said Emerson had been in a "position of absolute trust."

He handed him 28 months for fraud by abuse of position and a further 28 months, to run concurrently, for the theft.

The offences took place between 2002 and 2006 but only came to lights after Emerson retired.

Following the case, Detective Constable Tom Alsford, of Bournemouth CID, said: "I would like to thank the fraud investigation team and JPMorgan for the assistance it has provided throughout the investigation."