Ex-Latics boss admits fraud

FORMER Oldham Athletic chairman Chris Moore has pleaded guilty to a string of fraud offences at a software firm that went bust six years ago.

Moore, who was executive chairman at Torex, plunged the business into a string of debt-fuelled acquisitions leaving it struggling by mid-2006.

The Oxfordshire-based firm supplied touch-screen till software to high street chains such as Argos and McDonalds.

Moore admitted involvement in a conspiracy with Torex’s former chairman and the group’s largest shareholder, Rob Loosemore, designed to falsely inflate the group’s profits and cash position.

Both pleaded guilty some time ago to two counts of conspiracy to defraud.

The media are only allowed now able to report on this, following the start of a trial involving two alleged co-conspirators at Oxford Crown Court this week.