South London criminal sentenced after funding lavish designer lifestyle through £940K scam

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

A criminal from South London who spent thousands of pounds on designer goods and luxury watches after harvesting details from numerous bank customers has been sentenced to five years and three months in prison.

Reiss Mwambe Eugene Holloway-Kawayida, 22, from Vauxhall, London, pleaded guilty to defrauding the banking industry, committing fraud by false representation and being in possession of a false passport. Following a holiday with his girlfriend in Spain, Holloway-Kawayida was arrested onboard the plane when it landed at Heathrow airport on 23 July 2020 by police officers from the Dedicated Card and Payment Crime Unit (DCPCU), a specialist police unit sponsored by the banking industry that targets the criminal gangs responsible for fraud. At the time of his arrest he was wearing items of jewellery totalling £80,000, including a luxury Rolex watch worth £40,000. He was sentenced at Southwark Crown Court on Wednesday 15 September 2021.

Holloway-Kawayida was found to have committed £943,743 of fraud between February 2019 and July 2020 through harvesting customers? details online and via mail theft to build up a picture of his victims. He then ordered new bank cards, PINs and phone SIM cards for his victims which he intercepted in the post and used to take over his victim's bank accounts. He also produced fake passports with his image on and the victim's details to assist with high value purchases, where further ID beyond a Chip and PIN transaction was required. Holloway-Kawayida used the money from his victims to buy designer clothing, watches and jewellery with individual transactions often over £50,000.

Through collaborative intelligence work between the DCPCU, the banks and jewellery stores involved, the fraud was spotted and all victims were fully refunded.

Following his arrest, internal analysis by DCPCU police officers found his mobile phone device contained over 500 bank card images and receipts for over £400,000.

Detective Constable Andrew Lovett, who investigated the case for the DCPCU, commented:

Holloway-Kawayida was committing fraud on an industrial scale, funding luxury shopping trips by stealing money from unsuspecting victims.

Fortunately we were able to identify this criminal and bring him to justice, after working closely with banks and retail stores he targeted.

Today's 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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Notes to editor

For more information or to request any images, please contact the UK Finance press office on 0207 416 6750 or press@ukfinance.org.uk

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 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. In the first half of 2021, the unit prevented £85 million of fraud, disrupted 24 organised crime groups (OCGs), arrested 67 suspected criminals, and secured 49 convictions. 

If you think you have become a victim of fraud please report it to Action Fraud at https://www.actionfraud.police.uk or by calling 0300 123 2040. If you live in Scotland, please report directly to Police Scotland by calling 101.

South London criminal sentenced after funding lavish designer lifestyle through £940K scam

01.10.21

Press release