London criminal gang sentenced for £130,000 scam

Sentencing follows investigation and arrest by specialist banking industry sponsored police unit – the Dedicated Card and Payment Crime Unit (DCPCU)

Two criminals from London who committed around £130,000 of fraud have been sentenced at Southwark Crown Court (9 June 2023 and 21 August 2023) to a combined total of 5 years and 7 months in prison.

Nathan Gilbert, 26, of Enfield, North London, a former bank employee in Muswell Hill, abused his position of trust at the bank to commit fraud. Between 11 October 2020 and 16 September 2021, he changed bank customers’ account details and fraudulently issued bank passbooks, liaising with Daniel Frank, 46, of East Finchley, North London, to defraud several customers.

The fraud was spotted by the bank and referred to the DCPCU to investigate. Officers identified that Gilbert had provided Frank with several of the bank’s customers’ details. CCTV footage from the bank revealed that Frank had organised for individuals to attend the bank branches that Gilbert worked at, purporting to be those customers to withdraw money or make changes to the accounts.

On 7 October 2021, officers arrested Gilbert and seized his mobile phone for examination. His phone messages linked him to the accounts of defrauded customers, and revealed his contact with Frank. Officers arrested Frank on 17 March 2022, and also seized his mobile phones which, upon examination, linked him to the fraud offences.

Nathan Gilbert pleaded guilty to conspiracy to defraud the UK banking industry and for committing fraud by abusing his position of trust. He received a custodial sentence of 2 years and 3 months in prison.

Daniel Frank pleaded guilty to conspiracy to defraud the UK banking industry and received a custodial sentence of 3 years and 4 months in prison.

Detective Constable Colin Calvert, who investigated the case for the DCPCU, commented:

Gilbert abused his position of trust at the bank, liaising with Frank to callously steal over £130,000 from unsuspecting victims.

Fortunately, we were able to identify these criminals and bring them to justice, after working closely with the banking and finance industry.

This sentencing is a warning to those who believe they can benefit financially from fraud, that they will be caught and punished.

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The Dedicated Card and Payment Crime Unit (DCPCU) is a unique proactive police unit, with a national remit, formed as a partnership between UK Finance, the City of London Police and the Metropolitan Police together with the Home Office. It is fully sponsored by the banking and finance industry, with an on-going brief to investigate, target and, where appropriate, arrest and seek successful prosecution of offenders responsible for card, cheque and payment fraud crimes. It is headed up by a Detective Chief Inspector and comprises officers from the Metropolitan and City of London police forces who work alongside banking industry fraud investigators and support staff.