Fraud : Bank employee jailed after stealing over £150,000 from a dementia sufferer

A bank employee who stole over £150,000 from the bank account of an elderly dementia sufferer was sentenced to 18 months’ imprisonment, yesterday, Tuesday, 25 July at Southwark Crown Court.

Mr Issachar Stainrod-Holness, (27.10.93) of Old Hospital Close, Balham was sentenced after he pleaded guilty to one count of Fraud by Abuse of Position.

Between December 2014 and April 2016, Stainrod-Holness accessed the victim’s bank account, whilst employed as an employee of HSBC in Bayswater. Stainrod-Holness transferred money on various dates to an account in his name. He then opened a telephone banking account in the victim’s name, changing the telephone number to his own. In total he transferred £156,700 to his own account.

The offences were spotted by the victim’s wife, after her husband died. She subsequently alerted the bank who called in police.

DC Stephen Westlake, the investigating officer from FALCON, the Met’s response to Fraud and Linked Crime Online, said: "Stainrod-Holness shamefully plundered the victim’s account and it is tragic that the victim died before Stainrod-Holness could be brought to justice.”  - Met Police