A bank manager who embezzled £21m [$38m] from the Royal Bank of Scotland was today jailed for ten years.
Donald Mackenzie, 45, had earlier admitted carrying out Scotland’s largest single fraud case while working as business manager at city centre branches of the bank in Edinburgh. The high court in Edinburgh heard that he accessed the money through the bank’s loan system by setting up false accounts in the names of fictitious customers.
Before sentencing, defence lawyer David Burns QC told the court that Mackenzie had not carried out the £21m fraud for personal gain, but to improve the bank’s business loan record out of a “misguided sense of service”.
He was awarded Manager of the Year three times in a row!
Don,
We all hope that one day, we learn from your example of self-sacrifice and humbly take one for the team like you did.
He was awarded Manager of the Year three times in a row!
The kiss of death, three times? Be very careful when getting the employee of the year, it usually means you’re about to be fired.
On that note I would like to be the bookkeeper for the Bill and Melinda Gates foundation. I am sure they wouldn’t miss a couple hundred million.
10 years?
Maybe 3 in the US.
Damn,
Mrs Partridge in the day… and not much more than heels and a smile…
Anyone know where I can rent this? 🙂