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| Barclays bank workers jailed for £1.3m fraud | Barclays bank workers jailed for £1.3m fraud |
| (about 1 hour later) | |
| 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. | 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. | 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. | Edwards then used his more senior position to help set up access. |
| 'Slickly run' | 'Slickly run' |
| The men then posed as relations of the account-holders, using fake passports and false bank accounts, the court heard. | 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. | 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. |
| Only £51,000 has been recovered. | Only £51,000 has been recovered. |
| The prosecution said the operation was "slickly run and rapidly achieved". | The prosecution said the operation was "slickly run and rapidly achieved". |
| The court heard how Murphy and Waters had helped move the money "rapidly offshore". | The court heard how Murphy and Waters had helped move the money "rapidly offshore". |
| West Midlands Police said all four men were identified from information held on their computers and mobile phones. | West Midlands Police said all four men were identified from information held on their computers and mobile phones. |
| Det Con Simon Hughes said the men had been arrested in May 2006, although Murphy had breached the terms of his bail and fled the country. | |
| He was rearrested in May 2010 at Los Angeles Airport. | |
| Det Con Hughes said: "The bankers deliberately targeted elderly wealthy victims who rarely checked their bank accounts. One victim had not been to the bank for over 20 years. | Det Con Hughes said: "The bankers deliberately targeted elderly wealthy victims who rarely checked their bank accounts. One victim had not been to the bank for over 20 years. |
| "The bankers used their position of trust and access to confidential customer information as a vital link in the fraud." | "The bankers used their position of trust and access to confidential customer information as a vital link in the fraud." |