Partly Cloudy

Partly Cloudy

max temp: 8°C

min temp: 5°C

Search

Hadleigh/Capel St Mary: Santander manager who stole £17,000 from accounts of elderly customers to pay off pay day loans is jailed

10:00 08 March 2014

Daniel Brazier

Daniel Brazier

Archant

A disgraced branch manager of a Suffolk bank who stole £17,000 from the accounts of three elderly clients to fund his “high living” lifestyle has been jailed for 12 months.

Cocaine user Daniel Brazier began taking out payday loans after running up debts of £10,000 and used the money he stole from customers accounts to pay off the loans, Ipswich Crown court heard.

Brazier, 25, of The Street, Capel St Mary, admitted three offences of fraud by abuse of position by taking money from customer accounts over a three-month period while he was branch manager at Santander in Market Place, Hadleigh.

Jailing him for 12 months, Recorder Jonathan Seely said: “This is a very high degree of breach of trust. You were already branch manager when you committed these offences. The public are entitled to expect standards of high integrity from those looking after their money in a bank.”

He said Brazier told a probation officer he had been introduced to high living which led to him socialising, drinking and using cocaine on a regular basis.

He resorted to taking out pay day loans and had used the money he took from customers’ accounts to pay off the loans and to put money into his account to enable him to sustain his lifestyle.

Mr Seely said Brazier had initially denied the offences and had suggested that someone else could have used his password to log in to his computer. “You briefly pointed the finger of suspicion at other staff,” said the judge.

Martin Ivory, prosecuting, said Brazier had made 26 withdrawals of £500 totalling £13,000 from one couple’s account and six £500 withdrawals from the account of an elderly woman.

He had also withdrawn two sums of £500 and one of £265 from another customer’s account, said Mr Ivory. “The customers were all elderly,” he said,

The court heard the offences were committed between November 2012 and February last year and Brazier had resigned from his job on February 5. The customers who had lost money had all been reimbursed by the bank.

Craig Marchant, for Brazier, said his client had not deliberately targeted elderly customers.

He said Brazier had been paid £20,000 a year as branch manager and had three or four people working for him.

He said Brazier had resigned from his job before any inquiry was started into the missing money because he realised the stupidity of what he had done and the need to change his lifestyle.

“He was spending more than he had. He acknowledges he was living beyond his means and was owing more than he was getting in at the end of each month,” said Mr Marchant.

He said Brazier had owed around £10,000, but was now working as an IT engineer and had managed to reduce his debts to £6,000.

4 comments

  • I know this guy, he's been a practising con man since he was in nappies.

    Report this comment

    Echo

    Monday, March 10, 2014

  • It's actually behind my comprehension how a 25-year old youngster could have been appointed branch manager with financial responsibility. Has he had enough experience for the job? How had the management failed to notice the fraudulent transactions? Jull from <a href="http:sterlingstore.co.uk">SterlingStore<a>

    Report this comment

    jull sanders

    Wednesday, March 12, 2014

  • Never mind the stupidity of Santander, in giving a mere boy in his early twenties - barely experienced - the responsibility of being a Branch Manager!! Unfortunately many employers value arrogant youth over thoughtful experience these days, to give themselves a "young and dynamic" image... they reap what they sow.

    Report this comment

    blue&white

    Sunday, March 9, 2014

  • Well said Blue & White,,they did reap what they sow & had to pay the customers back,,But £20K A year for a Branch manager!! Really.. I can't believe that,Especially when the guy above looks about 12!!

    Report this comment

    Shed Kev

    Sunday, March 9, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

Council and highways authority officials insisted that better warnings and other preparations eased the pressure on roads around Ipswich after the closure of Orwell Bridge yesterday.

Police are searching for a man in a car who approached a nine-year-old girl in Stowmarket.

Children on an educational trip were not in danger from damage allegedly caused at a theme park by Storm Doris, a school has said.

It’s not too late to book tickets and take in a great show this March. Suffolk’s theatres offer a wide range of performances to choose from with something for everyone including music, comedy, plays and wrestling.

“I cannot emphasise strongly enough how important this is to Suffolk.”

Police are appealing for witnesses after a man indecently exposed himself in Stowmarket.

An alleged internet Romeo accused of conning five women out of money has denied targeting the females on dating websites.

Detectives investigating the disappearance of Corrie McKeague have been handed a “huge amount” of Facebook data to examine by private investigators, according to his mother.

It seems like the most natural thing in the world – a biological reflex as innate as motherhood itself.

A leading music school has extended the chance for young talent to join this year’s intake.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Newsletter Sign Up

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24