Thursday, May 21, 2009

Barclays Employee Sentenced for Stealing £455,000 from Lloyds Chairman


Source: Finextra: Barclays worker jailed for stealing £455,000 from Lloyds chairman

I guess that's smarter than stealing from the chairman of your organization?  According to Finextra, a Barclays worker has been sentenced to three years in prison for helping to steal £455,000 from the account of Victor Blank, chairman of rival bank Lloyds.

According to press reports, Anthony Webster, 23, worked as a client executive at Barclays Premier Bank in Moorgate, London in 2007 when Blank's account was raided. 

Southwark Crown Court was told that he acted as the inside man for an organised crime gang, which stole the money from Blank's savings account through bogus transfer requests, with forged signatures, sent by fax.  The money has not been recovered, with some of it sent overseas.

Continue Reading at Finextra



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