The fraud was motivated purely by greed.
It is difficult to envisage a more serious fraud of its type than the one you committed.
What happened to the rest of the money - some £640,000 - is not known.
More top news
Your afternoon weather update with Helen Plint.
He said he will stand for leader again if a fresh contest is held amid growing calls for him to stand down within the party.
Labour's deputy leader Tom Watson was enjoying a silent disco at Glastonbury Festival as the party leadership became embroiled in civil war.