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Nationwide manager jailed after taking £100,000 from accounts

A Nationwide employee in Suffolk made a series of unauthorised withdrawals totalling £100,000 from customers’ accounts, a court heard.

Andrew Timms, 29, from Bury St Edmunds, who worked for the Nationwide in Stowmarket, admitted to a series of charges of fraud when he appeared before Ipswich Crown Court. He was jailed for 12 months.

Over an eight-month period in 2009, Timms, a customer services manager, was able to make 20 unauthorised deductions from 11 different customer accounts without internal security procedures being triggered.

In his defence, it was said Timms had replaced some of the money. The court heard Timms was a gambling addict and that the outstanding money had been repaid by Timms’ family.

Jailing him, Judge Lindsay Davis said: “This is a classic bank fraud case. You took no steps to solve this gambling addiction.”

A Nationwide spokesman says: “We take fraud allegations very seriously and encourage prosecution where appropriate.”


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