UK: Fraudster must pay £30,000

Polly Rippon reports:

A conman from Sheffield who masterminded conspiracies to defraud high street bank customers out of hundreds of thousands of pounds has been ordered to pay back nearly £30,000 to the authorities.

Lawrence Siaw, aged 36, recruited bank workers to steal customers’ account details, then used them to plunder huge sums from their accounts.

One of the banks where Siaw recruited insiders was Lloyds TSB. The other was Cater Allen private bank owned by Abbey.

Both of these scams took place in 2004 and 2005, but it seems that the restitution aspect of the case is first coming up on deadline.

Read more in The Star.

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