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Robin Hood banker admits transferring money from rich to help poorer clients

Read ArticleArticle Source: Guardian Unlimited
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In these financially troubled times, bankers tend not to score too highly on the scale of public admiration, with their bonuses, bailouts and bad loans. But today details emerged of a woman who may confound the popular view that everyone in the industry is in it for themselves.

The 62-year-old branch head of one German bank was hailed as a hero after she confessed to transferring money from rich customers to help her poorer clients. Already, she has been dubbed "Die Robin Hood Bankerin".

She was given a 22-month suspended sentence after moving more than €7.6m (£6.9m) in 117 transfers between 2003 and 2005. The court in Bonn was told that the employee, who has not been named, took no money for herself.

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{"commentId":10907115,"authorDomain":"Carol-1960"}

It would really be great if someone like this could manage to persuade wealthy customers to legally help out those in need.

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    Reply#1 - Thu Nov 26, 2009 2:09 PM EST
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