A SCAM to plunder huge sums of money from a high street bank was operated from an ‘Aladdin’s cave full of banking documents’, a court has heard.
Some 128 separate transfers, all under £10,000, were made from six high-value accounts, including one belonging to the University of Portsmouth.
Lanre Mullins-Abudu, 25, of Putney, south-west London, denies conspiracy to steal £1.25m from Barclays by using a hi-tech device attached to a bank manager’s computer.
Simon Farrell QC, opening the case for the prosecution at Southwark Crown Court, said the money was transferred from six business accounts at a branch of Barclays in Swiss Cottage, north London, in April last year.
Barclays employee Duane Jean-Jacques, 25, of Belsize Road, north-west London, was the ‘inside man’, Mr Farrell said.
Both men deny the charges against them.
The trial continues and is expected to last for five weeks.