Bank manager left IOU in the safe after stealing £ 7 million


A BANK manager conducting an unannounced audit opened a safe to find three empty boxes and an IOU for £7 million, a court was told yesterday. Graham Price, who ran a branch agency of the Halifax, yesterday admitted stealing £10 million over four years to feed his addiction to horse racing.

(Brought to you by Zeitgest – the free Blather news service)

Well at least he acknowledged that he borrowed the money! Amazing that such a fraud could go on for so long at a local branch.
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