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A conman walked off with a bagful of cash from Barclays, by posing as its chairman, the bank admitted Thursday.

The fraudster marched into a Barclays branch and sauntered out with £10,000 pounds from the account of Marcus Agius, 61.

It is believed the conman used the Internet to get the bank chief’s personal details, then fooled call centre staff into issuing a Barclays credit card in his name.

Barclaycard has reimbursed Agius.

Newspapers said a new system of codes and passwords for senior executives was implemented to prevent a repeat, while bank chiefs were said to be “burning up” with embarrassment.

I would have loved to be a fly on the wall when that all came out. I bet the PR folks had to work overtime to put a positive spin that the chairman of Barclays, a huge UK bank, can’t even prevent his cash from getting stolen.

And while it is comforting to know that senior executives have a new system of codes and passwords it just tells me that the customers and rest of the staff are still exposed.

Oh the irony.

idtheft.jpg

Image by A-K-O

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Steve

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