IT expert's £250k con uncovered

http://www.thisislocallondon.co.uk/news/11152224._/?

An IT expert's sophisticated £250,000 online scam was uncovered when an unsuspecting Sutton man received four pieces of gold bullion in the post.

Actually the person is not an expert but merely a lowly phishing scammer and not a very smart one.

He electronically withdrew large sums of money - up to £50,000 - from long-term high interest accounts at the bank Cahoot, owned by Santander, over two years up to April 2012.

The money was used to make online purchases of gold bullion, foreign currency, expensive jewellery and designer clothes that were sent via Royal Mail to safehouses in south London - including one in Sutton.

That game was never destined to last long but clearly oblivious to the risks and overwhelmed with greed and arrogance.

The scam allowed him to live the high life but everything unravelled when an error meant four gold bars were delivered a man in Tull Street in June 2011.

The man promptly sold the gold, which was valued at £4,900, for just £1,500.

Days later, he was forced to call police after a group of men arrived at his house demanding the gold or its value in cash.

Just to compound matters ….

After his arrest Xxxxxxxx used someone else's passport to make a trip to Canada.

… and

As part of bail restrictions, Xxxxxxxxxxx was banned from using bank accounts and restricted to a weekly allowance. However, within two months she had opened four accounts with Natwest and transferred money from a Santander account to a Natwest account.

Clever isn't the word I'd use.