A real-life Robin Hood, 39 year old Royal Bank of Scotland bank manager Benedict Hancock, stole millions of pounds from rich clients and gave it to needy customers.
Hancock filtered more than £7 million into the accounts of companies in trouble.
Apparently Hancock carried out the bizarre fraud for an entirely altruistic motive: because he wanted the companies to do well, for their sake rather than his.
When firms needed extra cash to see them through financial hardship, Hancock loaned them money from the accounts of his wealthier customers.
Most of the plundered account holders didn’t realize that the money was missing, and those who did were told by Hancock that their money had been invested in safe Bank of England bonds.
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