Edition 1496
13 October 2018
Edition: 1496

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Trial starts for Algarve bank clerk accused of embezzling more than €300,000

in Algarve · 31-05-2018 13:47:00 · 0 Comments

A former bank employee, suspected of appropriating more than €300,000 from U.S. clients, has been indicted by the Public Prosecutor’s Office for trial by a collective court on charges of aggravated misuse of trust, falsification of documents, money laundering, and IT fraud.

According to the prosecutor’s office, besides the 45-year-old woman, her ex-husband, a 48-year-old PJ police inspector, was also accused of committing the crime of money laundering.
The acts are believed to have occurred between 2010 and 2015, when the defendant was managing clients at a bank branch in the Algarve.
According to the prosecution, the defendant transferred over €300,000 from the accounts of two US clients that she was in charge of managing, to an account of a relative of her husband’s, as well as to other accounts which she had access to.
In addition, Região Sul reported, she is accused of having made cash withdrawals and payments totalling about €14,000 with a debit card issued on behalf of the customers, without their knowledge.
The two defendants allegedly used this money to their advantage, namely for the purchase of a car.

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Edition 1496
13 October 2018
Edition: 1496

Read this week's issue online exactly as it appears in print.

Twitter

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