Barclays manager sentenced for fraud

February 1, 2011

A Barclays’ manager that used her access to the bank’s system to siphon thousands of pounds into her daughter’s account has been given a suspended jail sentence.

Janet Wylde, 56, used her position at an east London Barclays branch to help her debt-ridden daughter gain access to almost 17,000 pounds. Using a Mr Jackson’s two bank accounts, Wylde illegally siphoned the funds into her daughter’s bank account.

A Southwark Crown Court heard that Wylde took the money and moved it to her daughter’s account. Wylde received a 51-week sentence on two counts of fraud. However, Judge Michael Howard QC, who was presiding over the case, suspended the sentence for two years after he deemed that Wylde was not at risk of repeating the offence.

Wylde has also been assigned 200 community service hours as part of her sentencing arrangement. According to court testimony, Wylde’s daughter’s home was repossessed and the daughter then moved in with her mother.

The former bank manager – who lost her job as a result of the court case – said that she took the money to help her daughter who had fallen into serious debt. Judge Howard QC said Wylde had let down her family, but because of her impeachable character was not likely to commit such an act again.

Defence lawyer Matthew Butt said that Wylde’s actions had been out of character for the former bank manager. He also defended her character saying that she had worked hard to become a manager while raising her daughter as a single mother.

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