PIO banker uses invisible ink to cheat customer

LONDON: A 37-year-old Indian-origin woman bank executive was on Monday spared jail by a London court after she was found guilty of using invisible ink while drawing more than 14,000 from a customer's account. Vaijawanthi Aneet, a Barclays Bank manager kept meticulous notes of over 20 withdrawals while raiding the customer's account between May and November 2013.

Judge Richard Marks, the common serjeant of London, gave her a three month jail sentence suspended for a year, and ordered her to pay 2,300 court costs. "This has obviously been an extremely traumatic event for you, which has taken a very heavy toll on you and your husband," the judge told her. "I'm quite satisfied this is an offence completely out of character, and not something that will ever occur in the future. You could and should have done something about this when first it happened." According to a report in The Telegraph, Aneet set up a new savings account for customer William Giles in order to carry out the fraud.

She then moved the funds to a dormant account before withdrawing the money from a cash machine, the Old Bailey heard. In order to keep track of the transactions, she used invisible ink, writing entries such as, "To pay back with good interest, asap."

Aneet admitted committing the fraud, but claimed she had been forced into it by a man who had assaulted her and demanded money from her.

http://ift.tt/1pYZfVk Giles,Richard Marks

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