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German 'Robin Hood' banker gets suspended sentence
News Type: Event — Seeded on Tue Nov 24, 2009 6:09 PM EST
Article Source: BBC Newsadvertisement
A German bank employee who secretly transferred money from rich to poor clients has been given a 22-month suspended prison term.
The 62-year-old woman, dubbed the 'Robin Hood Banker', moved more than $11m (£7m) in 117 transfers.
The court in Bonn was told that the employee, who has not been named, took no money for herself.
The bank made a loss of more than $1.5m (£1m) when poor customers were unable to pay back unauthorised overdrafts.
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