Tue, 22 Nov 2011
Two Barclays Bank workers have been jailed at Birmingham Crown Court for defrauding three elderly customers of £1.3m.
Karl Edwards, 44, who worked at Barclays in Birmingham, and Andrew Waters, 26, based at a Croydon branch, were each sentenced to five years.
They used inside knowledge to pose as the relations of customers who held dormant accounts.
Two other men, not Barclays employees, helped move the money offshore.
All four men admitted fraud.
Joseph Murphy, 36, from Carshalton, Surrey, was sentenced to three years and nine months in prison, and Nathan Denton, 37, from Water Orton, Staffordshire, got four-and-a-half years.
The court heard that Waters had identified two large accounts, held by customers in their 80s, that had been dormant for a number of years.
Edwards then used his more senior position to help set up access.
'Slickly run'
The men then posed as relations of the account-holders, using fake passports and false bank accounts, the court heard.
About £900,000 was removed from a joint account held by a couple, while £400,000 was taken from an account held by a woman.
Click to view the profile for Adrian Keeling QC - Prosecuting
