The perfect fraud....

ElRazur · 6 Jun 2006 at 17:35

...shame he got caught.

What an idiot, but then he is a rich idiot with 21 million pounds.

http://news.bbc.co.uk/1/hi/scotland/edinburgh_and_east/5052372.stm

A bank manager carried out a £21m fraud on his employers as they named him business manager of the year.
Donald Mackenzie, 45, admitted at the High Court in Edinburgh to taking loans over five years up to March 2004 from the Royal Bank of Scotland by fraud.

He should have resigned or faked his own death....

quadboi · 6 Jun 2006 at 17:36

ElRazur said:
...shame he got caught.

What an idot, but then he is a rich idiot with 21 million pounds.

http://news.bbc.co.uk/1/hi/scotland/edinburgh_and_east/5052372.stm

He should have resigned or faked his own death....

Ooh, that was very clever actually .... banks should be more vigilante

EVEN the staff

Mp4 · 6 Jun 2006 at 17:36

or resign and changed his identity

G-MAN2004 · 6 Jun 2006 at 17:45

I would have stopped at 2 million or something like that but 21 million!! :eek:

That's just asking for it.

ElRazur · 6 Jun 2006 at 17:50

G-MAN2004 said:
I would have stopped at 2 million or something like that but 21 million!! That's just asking for it.

It just goes to show the weak trait in human - Greed.

ElRazur · 28 Jun 2006 at 17:36

He as received a ten year jail sentence......I think that is too harsh, murderers and rapist get less than that.

http://news.bbc.co.uk/1/hi/scotland/edinburgh_and_east/5120148.stm

Violent-J · 28 Jun 2006 at 17:42

I don't it's not a victimless crime although it may appear that at first glance. It's a despicable thing to do.

stewc · 28 Jun 2006 at 17:43

Perhaps his sentence is appropriate and the sentences given to rapists and murderers are too lenient?

ElRazur · 28 Jun 2006 at 17:45

stewc said:
Perhaps his sentence is appropriate and the sentences given to rapists and murderers are too lenient?

Nah man the sentence imo is too harsh and the ones on rapist on paedophile is too lenient (i agree)

Violent-J · 28 Jun 2006 at 17:49

Fair enough El Razur matey, but I think across the board sentances should be stricter, I would like to see relatively smaller crime like burglary increased from 6 months to 18-36 months etc. Paedophiles should be in Jail for life mandatory unless people are absolutely convinced they are no longer a threat, armed robbery minimum 15 years murderers 20 year etc.

For such a large scale crime as 25 million pounds 10 years to me sounds about right.

ElRazur · 28 Jun 2006 at 17:49

Here is how he pulled off the scam.

http://news.bbc.co.uk/1/hi/scotland/edinburgh_and_east/5053572.stm

:cool:

You gotta admit, he is good.

stewc · 28 Jun 2006 at 17:52

Can't be that good - he's got 10 years in jail and I can't see anyone employing him once he's out.

Violent-J · 28 Jun 2006 at 17:53

He will never need to work again with 21 million in his bank... He could live comfortably just off the interest alone

ElRazur · 28 Jun 2006 at 17:54

stewc said:
Can't be that good - he's got 10 years in jail and I can't see anyone employing him once he's out.

I dont support him but i think he wont need a job when he gets out. I will assume some monies are hidden some where safe. On top of that, i doubt if the bank will act on that "loophole" - Just watch the news as someone else pulls off a similar crime.