A former bank employee abused his position at a London bank to commit more than £217,000 of fraud.
Mohamed Jhakir Hussain, 28, of Westminster, used his position at a bank branch in Edgware to access two customers’ bank accounts between June 2018 and August 2019.
His accomplice Sebastio Sala, 32, of Greenwich, provided him with customer bank account details and asked him to find the phone numbers for those accounts.
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(Image: UK Finance)
CCTV footage from the bank showed Hussain meeting two unknown individuals who claimed to be the genuine account holders.
They transferred £50,000 from one customer account, with £25,000 paid into Sala’s account.
Hussain then accessed another customer account from which £120,000 was later fraudulently debited by an unknown individual.
Six further amounts from separate accounts were transferred by Hussain.
The total Hussain fraudulently took was £217,133.70.
Hussain and Sala pleaded guilty to conspiring to commit fraud by abuse of position and were sentenced at Inner London Crown Court on October 15, earning 28 and 27 months imprisonment respectively.
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The fraud was spotted by the bank and referred to the Dedicated Card and Payment Crime Unit (DCPCU), a specialist police unit sponsored by the banking and finance industry that investigates the criminals responsible for fraud.
(Image: UK Finance)
The money was retrieved by the bank and all victims were fully refunded.
Ben O’Shea, Detective Constable of the DCPCU, said: “These criminals acted with impunity and thought they could get away with committing thousands of pounds worth of fraud. Hussain abused his position of trust to access bank accounts from unsuspecting customers.
“This case shows that anyone who is caught abusing the trust placed in them by their employer will be punished along with those who try to help them.”
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