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Solicitor sentenced for plot to defraud Barclays of £1.5m

A solicitor is one of two men that have been sentenced to a total of 10 years in prison for conspiring to defraud Barclays of £1.5m.

Graham Leather, 59, from Oxford and Zhiwei Fan, 27, from Reading were both sentenced to four and a half years for conspiracy to defraud, while Fan received a further twelve months for offences of possession of articles for use in fraud.

During a ten-week trial at Southwark Crown Court, the jury heard how the pair conspired to use a fraudulent bank transfer payment to steal the bank’s money in December 2007.

Fan diverted the stolen money from Barclays into the client account of a firm of solicitors in Oxford, where Leather was a long-standing partner.

Detective inspector Perry Stokes says: “This was a very well organised and sophisticated attack on a high street bank, which was only stopped as a result of the quick thinking and outstanding work from bank staff and my officers.

“The verdicts send out a clear message, fraud is not an easy option for organised gangs.”

Zhiwei Fan, was convicted in his absence after absconding following an earlier hearing and the police are still searching for him.

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  1. Solicitor sentenced for plot to defraud Barclays of £1.5m
    The FSA borrowing money from the banks it’s supposed to be regulating to pay £20m of unearned staff bonuses isn’t far off, is it?

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