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Four criminals who were involved in committing £1.2 million of fraud have been sentenced today to a combined total of 7 years and 2 months at Southwark Crown Court.
The sentencing followed a successful investigation by the Dedicated Card and Payment Crime Unit (DCPCU), a specialist City of London and Metropolitan police unit funded by the banking and cards industry.
The fraud involved the following individuals: Luke Williams, 32, of Haywards Heath, Ricky Burgess, 30, of Leigh-on-Sea, Francis Buckman, 34, of Southend-on-Sea, and Michael Sonowo, 36, of Havering.
Mr Williams, a former bank employee, abused his position within the bank to access customers? security details which he then passed onto the other members of the gang. The group then purported to be the genuine bank customers trying to access their accounts. The funds were then transferred to third party accounts and then were quickly withdrawn. The total amount of the fraud attempted was over £2.4 million, of which £1.2 million was prevented.
The fraud was spotted by the bank and the case was referred to the DCPCU to investigate. All victims of the fraud were fully refunded.
Detective Constable Jeremy Boxall, who investigated the case for the DCPCU, commented:
This was a highly sophisticated scam with these criminals using stolen customer account details to commit over £1.2 million of fraud. ?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.
This was a highly sophisticated scam with these criminals using stolen customer account details to commit over £1.2 million of fraud.
?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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<ol><li>For more information, please contact the UK Finance press office on 0207 416 6750 or <a href="mailto:press@ukfinance.org.uk">press@ukfinance.org.uk</a></li> <li>Images available on request. Please contact <a href="mailto:press@ukfinance.org.uk">press@ukfinance.org.uk</a></li> <li>The Dedicated Card and Payment Crime Unit (DCPCU) is a unique pro-active 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 cards and banking industries, 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. <a href="https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.u… 2020</a>, the unit prevented almost £20 million of fraud, disrupted 26 organised crime groups (OCGs), arrested 122 suspected criminals, and secured 54 convictions.</li> </ol>
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