The outcome of a prosecution for theft in the County Court before Judge Douglas was reported in the Herald Sun newspaper of 24 July 2013 at p. 9.
The defendant was the president of the association managing a kindergarten. Between February and October 2012 he stole $224,008.48 in a series of transactions (essentially all of the kindergarten’s funds).
Mr Telios pleaded guilty to theft.
The Court noted that gambling provided the defendant with an escape from negative emotions and took into account his guilty plea and remorse. He retained the support of family and friends and had prospects of rehabilitation. The Court also noted that his family had suffered as a result of the situation.
Aggravating factors were the large amount of money stolen and the time and effort expended in stealing it, as well as the breach of trust involved.
He was sentenced to 4 years imprisonment with a minimum of two.