Cash is only used by the poor or elderly

Soldato
Joined
28 Nov 2003
Posts
7,094
Location
Shropshire
In last week's news, taken from The Guardian. Seems cash is alive and well in Bradford's jewellery buying communities... No doubt all above board, piddling amounts... Just the poor and elderly feeling down the sides of their sofas... ;)


"NatWest has been fined more than £264m for anti-money-laundering failures that involved black bin liners stuffed full of cash being deposited, and sums so large that one branch’s two floor-to-ceiling safes proved “inadequate” for storing it all.

The Bradford jeweller Fowler Oldfield’s predicted annual turnover was £15m when first taken on as a client, but it ended up depositing £365m with the bank over a five-year period, including £264m in cash"
 
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