View more on these topics

Cashier stole from dementia sufferer

An HSBC bank employee in Hampshire has pleaded guilty to stealing £40,000 from an 90 year-old customer who suffered from dementia.

Daniel Moss, 24, who worked as a cashier at the bank’s Milford on Sea branch, admitted a series of theft charges at Southampton Crown Court.

Details of how Moss had operated were not revealed due to his guilty plea. The victim suffered from senile dementia and the thefts were perpetrated over a two-month period.

Sentencing was deferred until mid-February but judge Tom Longbotham told Moss he would probably be going to jail. He said: “Clearly this was a substantial breach of trust, given the nature of your employment. A sentence of imprisonment is likely. I want you to be realistic about that and not raise your expectations.”

Moss, who was released on bail, was told there would be a proceeds of crime hearing at a later date at which a list of his assets would be drawn up so money stolen could be repaid.

An HSBC spokesman says: “Daniel Moss was dismissed from our employment last year and no customers have suffered any financial loss as a result of his fraudulent activity.”


Disclosure duties

Aegon head of underwriting and claims Matt Rann says the Law Commission’s plans for legislative changes over non-disclosure may run the risk of raising premiums.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm