Bankers jailed for defrauding elderly of £1m
Saturday 19 November 2011
Two Barclays Bank workers were jailed yesterday for defrauding £1.4m from elderly customers.
Karl Edwards, a 43-year-old bank manager, and Andrew Waters, 26, a personal banker, were each sentenced to five years at Birmingham Crown Court after pleading guilty.
Edwards, of Norton, Worcester, and Waters, of Norbury, south London, were paid by an organised crime gang to siphon money from wealthy, elderly customers, using false identification documents and forged papers to set up accounts in the names of the victims' relatives, police said. They would then move money from the victims' accounts into the false accounts before transferring the sums into an offshore bank account.
Edwards was manager of the Hagley Road branch of Barclays in Birmingham, where the victims banked. Waters worked at a Barclays branch in Croydon, Surrey.
Joseph Murphy, 36, and Nathan Denton, 37, who were part of the criminal gang, were also sentenced.
Murphy, of Carshalton, Surrey, was given three years and nine months and Denton, from Water Orton, Staffordshire, was sentenced to four-and-a-half years.
BBC told new political editor must be 'impartial' with Nick Robinson reportedly stepping down
Isis propaganda video shows 25 Syrian soldiers executed by teenage militants in Palmyra
Humans of New York image of crying gay teen receives best response yet from Ellen DeGeneres
Number of young homeless people in Britain is 'more than three times the official figures'
The map showing the most dangerous tourist destinations in Europe, according to the Foreign Office
More Britons believe that multiculturalism makes the country worse - not better, says poll
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
Osborne to cap family benefits at £23,000 – announced ahead of his post-election Budget
- 1 BBC told new political editor must be 'impartial' with Nick Robinson reportedly stepping down
- 2 Humans of New York image of crying gay teen receives best response yet from Ellen DeGeneres
- 3 Number of young homeless people in Britain is 'more than three times the official figures'
- 4 Motorists taunt suicidal woman on bridge and tell her to 'get on with it'
- 5 The map showing the most dangerous tourist destinations in Europe, according to the Foreign Office