Robbing the rich
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The newspapers have been full to bursting with tales of greedy bankers, out for what they can get regardless of the consequences.
So it makes a nice change to hear about a banker in Germany who was corrupt, but in a good way. The bank employee, nicknamed the Robin Hood Banker, was given a 22-month suspended prison sentence after it emerged she had been secretly moving money from the accounts of rich customers to those of the less well-off.
The woman had transferred a total of £7m to cover overdrafts she had given to poorer customers. She has now agreed to reimburse the bank for its losses from her pension.
The judge said since she did not profit personally from the fraud and offered to repay the money she would not be sent to jail. Now that’s what Mole calls Christmas spirit.
Mortgage Strategy has teamed up with The Charlbury Group to offer you the chance to win exciting iPod speaker. All you have to do is find the green tree hidden in this week’s issue and email mortgage.strategy@centaur.co.uk. Winners will be chosen at random.
