Bank employee jailed for fraud

25/06/2013

A 34-year-old bank worker was today jailed to 20 months at Wolverhampton Crown Court after he had pleaded guilty to defrauding his employers, Santander Bank plc, of over £92,000.

Scott Worrall was employed by the bank as one of their personal banking advisors and he exploited this position to set up fictitious accounts with overdraft facilities which he would use to enable him to obtain cash.

Between 1 July 2007 and 23 September 2009, he withdrew a total of £92,723.00.

On 24 May 2013 the defendant appeared before Wolverhampton Crown Court where he pleaded guilty to fraud.

Philip Bird, Senior Crown Prosecutor from West Midlands Crown Prosecution Service, said:

"Scott Worrall abused his position of trust to steal over £92,000 from his employers and use this money to feed his gambling addiction.

"He opened false accounts and set up overdrafts on each accounts thereby transferring money between individual accounts, which were designed to hide the fraud. Immediately after the accounts were opened he began making cash withdrawals from ATM machines.

"At first, the fraud was gradual, but over a period of time, Worrall became less careful in the chain of transactions and began transferring some of the credits into his own account.

"It was only after the bank launched an internal investigation that the fraud was discovered and the matter was reported to the police. Initially he denied the offence, but once the evidence became overwhelming, he began to admit to the fraud.

"Over a two year period, Worrall syphoned thousands of pounds from the bank and then gambled the money away.

"The Court has adjourned the case in order for inquiries to be made into Worrall's financial affairs to see if he has assets that can be realised in order to reimburse the bank."