Former Paisley theatre boss, David McCann, is set to be sentenced next month after admitting to embezzling £75,000 from PACE Theatre Company. McCann, also known as David Wallace, confessed to the theft, which occurred between December 1, 2013, and July 25, 2017, while he served as the director and chief executive of the renowned Paisley company. The theatre is well-known for launching the careers of notable figures like James McAvoy, Paolo Nutini, and Richard Madden.
Prior to his trial commencing at Paisley Sheriff Court, McCann acknowledged transferring money from PACE’s bank account to his personal account and misusing the company credit card for personal expenses. Prosecutors initially claimed McCann embezzled £108,831.80, but his guilty plea to £75,000 was accepted by the Crown. McCann, residing on Lomond Drive in Glasgow, was due to be sentenced at Paisley Sheriff Court recently. However, his defence solicitor requested a deferral to allow for investigations into McCann’s mental health, a request granted by Sheriff Amel Elfallah.
The sentencing hearing was postponed until next month, with McCann’s bail extended. Renfrewshire Live, a free app providing breaking news, is available for download, offering coverage of news, features, and sports in the region. It includes live updates provided by experienced journalists, including a dedicated section for St Mirren news. Meanwhile, McCann’s sentencing hearing was adjourned due to mental health evaluation efforts.
This incident has sparked interest and concern in the local community, with many following the case closely. McCann’s admission of guilt has brought to light the serious issue of embezzlement and its impact on organisations and communities. As the case progresses, residents and supporters of PACE Theatre Company await the final judgment next month. The episode serves as a reminder of the importance of transparency and accountability in all aspects of business and community affairs.