Bank manager stole £150,000

By Court Reporter Friday 07 September 2012 Updated: 13/09 09:51

A BANK manager walked out of the vault with £150,000 in cash and used his expertise on the computer systems to cover up his theft.

Liam Glynn, was jailed for three years after stealing money from a NatWest branch in Solihull where he worked as a counter manager.

Glynn, 27, of Garretts Green Lane, Sheldon pleaded guilty to the theft at Warwick Crown Court after originally denying the charge.

Prosecutor Daniel White said Glynn was in an extremely trusted position and had a very good knowledge of the bank's computer systems.

He also had access to the bank’s strong room, its safe and to all the electronic tills.

Glynn stole £150,000 in May 2009 by taking the money from the strong room after planning how to cover up the theft.

On May 22, £345,000 was delivered to the branch, which included £150,000 Glynn had ordered on top of what should have been requested.

He then instructed a junior member of staff, who had not done it before, to take delivery of the cash, take it to the basement storage area and to sign to say it had been received.

That day £150,000 was loaded into the bank's ATM machines which was logged electronically.

The following day a further £150,000 should have been loaded into the machines but that did not take place.

To cover up the theft Glynn used various computer systems to transfer money between six different internal accounts so it was not obvious the money was missing and within a few days he used £25,000 of the cash to pay for a banker's draft.

Glynn was arrested in October 2009 and the police found £2,000 in £10 and £20 notes at his home, a new apple laptop, and other evidence of high living.

But Glynn denied doing anything wrong and claimed he had earned extra money by doing computer repairs.

The police found he had been on holidays to Miami, Las Vegas and Rome, during which he had hired expensive cars, and had bought a new car.

Glynn also had a number of bank accounts including one with £65,000 in it and had paid a £20,000 deposit on his house in cash which he claimed had been a loan from his father.

Mr White said despite pleading guilty Glynn continued to maintain his innocence when he was seen by a probation officer for a pre-sentence report.

Tony Bell, defending, said a report by psychologist Veronica Bliss had expressed concerns about Glynn's ability to cope with prison, not least because of his Asperger’s syndrome.

Mr Bell said Glynn has been working part-time as well as studying and is due to start his final year of a degree course in forensic computing.

He said: "He has been in the past, and is likely to be in the future, a law-abiding and useful member of the community."

But jailing Glynn, Recorder Mark Hill QC told him: "It was a position of trust which gave you access to the cash itself and to the computer systems, and gave you a position of responsibility whereby more junior members of staff were to act at your express command.

"You took it upon yourself to take that money. It was a sophisticated, well-planned and deliberate theft which involved you getting one of your trusted staff to play a part and involved significant areas of deception."

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