Former Barclays Employee Is Probably Going To Jail

Before anyone takes to Twitter to give the UK a piece of her mind, though, breathe easy: the misconduct is related to funds used to pay for breast augmentations and other cosmetic enhancements and could even take some of the heat off of Bob Diamond et al, who've yet to be accused of using customer money to pay for lipo. A bank clerk stole £46,000 to fund a boob job, liposuction and hair extensions to help her achieve her dream of becoming a model. Rachael Claire Martin admitted taking the money over an eight-week period from Barclays Bank in Liskeard, Cornwall, where she worked. The 24-year-old, from St Austell, Cornwall, is thought to have spent £4,000 on breast enlargement and £1,700 on dental work, which included teeth whitening treatment. The mother of one also travelled to Bristol on wild shopping sprees - buying make up and other items before enjoying nights out on the town back at home. While working at the bank, she regularly stole relatively small sums of £2,000 and £1,000, which she siphoned into her own account. On one occasion she managed to take £6,000. She initially denied 25 separate counts of theft from the bank between September 1 and October 3 in 2010. But the prosecution charged her with just one count of stealing £46,000 over the same period at Truro Crown Court yesterday and she pleaded guilty...She will face a jail term when she returns to court in September. Police were called when the theft was realised - but she had apparently already spent most of the stolen cash on her appearance, in the hope of realising her modelling dream. Barclays bank clerk stole £46,000 and spent it on boob job, liposuction and wild shopping sprees to fulfill her dream of becoming a model [DM]
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Before anyone takes to Twitter to give the UK a piece of her mind, though, breathe easy: the misconduct is related to funds used to pay for breast augmentations and other cosmetic enhancements and could even take some of the heat off of Bob Diamond et al, who've yet* to be accused of using customer money to finance their liposuction.

A bank clerk stole £46,000 to fund a boob job, liposuction and hair extensions to help her achieve her dream of becoming a model. Rachael Claire Martin admitted taking the money over an eight-week period from Barclays Bank in Liskeard, Cornwall, where she worked. The 24-year-old, from St Austell, Cornwall, is thought to have spent £4,000 on breast enlargement and £1,700 on dental work, which included teeth whitening treatment. The mother of one also travelled to Bristol on wild shopping sprees - buying make up and other items before enjoying nights out on the town back at home. While working at the bank, she regularly stole relatively small sums of £2,000 and £1,000, which she siphoned into her own account. On one occasion she managed to take £6,000.

She initially denied 25 separate counts of theft from the bank between September 1 and October 3 in 2010. But the prosecution charged her with just one count of stealing £46,000 over the same period at Truro Crown Court yesterday and she pleaded guilty...She will face a jail term when she returns to court in September. Police were called when the theft was realised - but she had apparently already spent most of the stolen cash on her appearance, in the hope of realising her modelling dream.

Barclays bank clerk stole £46,000 and spent it on boob job, liposuction and wild shopping sprees to fulfill her dream of becoming a model [DM]

*Though who knows what kinds of twists this story will take. Point is it's possible.

Related

Former Barclays Employee Sentenced To 52 Weeks In Jail

Breathe easy, friends of Bob Diamond and the guy who wrote "Anything for you, Big Boy," as a response to the request, "Can you manipulate Libor for me today when you've got a sec? Thanks a mill." In this case we speak of Rachael Claire Martin, the ex-Barlcays employee who used customer funds to pay for breast augmentations, dental work, liposuction, drugs, alcohol, shoes, and jewelry, despite initially telling authorities she covered the tricks and treats with money she earned engaging in sex for payment (an excuse anyone facing questioning for their own alleged misconduct should feel free to use. Just because one judge didn't buy it doesn't mean another won't). Mother-of-one and law graduate Rachael Martin, 24, ‘spent money like water' after getting a job with Barclays in Liskeard, Cornwall, where she was responsible for dealing with cheques. The stolen cash paid for a breast enlargement, thought to be worth £4,000, dental work worth £1,700, and liposuction, as well as nights out, drink and drugs. She has now been jailed after stealing £46,000 in just two months from her employers. Extravagances included £1,687.95 at the Windsor Place dental surgery in Liskeard, and £500 on unspecified cosmetic surgery at Harley Medical, the court heard. Martin also lavished £670 at exclusive jewellers Tiffany, and £506 on a pair of Jimmy Choo shoes. When she was arrested, Martin, from St Austell in Cornwall, told police she earned money as an escort in Bristol, adding that she was ‘a common prostitute’. But the claim was a cover for her criminal behaviour, said prosecutor Iain Leadbetter. Recorder Jeremy Wright jailed Martin, who has an eight-year-old son, for 52 weeks, telling her she had demonstrated a ‘concerted, clever and serious breach of trust'. Bank worker, 24, who stole £46,000 to fund boob job and party lifestyle told police she earned the money working as an escort [DM]

Barclays' (Now Former) Head Of FX Strategy In Asia Has A Moment

Have you ever had construction going on nearby your home? Was it loud? Annoying? Did keep it keep you up in the middle of the night? Did you seriously consider opening your window and screaming "Hey! Shut the hell up down there!" or even confronting the people making all that racket face to face? Olivier Desbarres can relate. Or at least he can half relate. Because while most of you were probably talked out of making some sort of scene, either by your significant other or your own impulse control, on October 20th Desbarres decided to go in another direction, the one that involved introducing himself to the construction workers building a house near his own by screaming "I'm gonna go after you, I will haunt you, I'm gonna burn your fucking house down, I will find your fucking family," a task he noted would be fairly simple and straightforward ("I can find [them] very easily," he explained, "I'm a man with resources"), in case there were doubts (a fairly reasonable concern, as there are a lot of people in Singapore and how were these guys supposed to know he had an army of Barclays researchers at his disposal?). Still worried that the group wasn't taking his threats seriously on account of the casual look he was sporting that morning-- shorts and sandals-- Desbarres then picked up some sheet metal and launched it in their direction, presumably to demonstrate he meant business.* Although that would have been a good time to make his exit, at that point Desbarres noticed that one of the men had been recording him without his consent, leading to: “You’re filming me? You think that’s good? Put your fucking phone down because I’m going to wait for you to come out and take that phone and shove it up your fucking ass.” According to one local publication, this whole thing started because the construction crew began working at 8:45am one day in October instead of 9am, the time Desbarres preferred. In related news, according to a person familiar with Barclays' policies concerning construction site meltdowns, "We consider such behavior and language unacceptable. It does not meet the high standard of conduct that we expect of our employees." Desbarres, who is no longer with the bank, has not yet returned Dealbreaker's call for comment.** Foul-mouth foreigner threatens workers and warns he will hunt down their families [Stomp] Barlcays Far Too Candid Camera [Sunday Times via Ian Fraser] Barclays Capital Appoints Olivier Desbarres as Head of FX Strategy, Asia-Pacific Ex-Japan [BarCap] Related (re: Barclays employees losing their shit in public): Barclays Global Head of Investment Banking Writes Tear-Stained Letter To Son’s School, Demands Teacher’s Firing For Trash Talking Barclays, Making Son Cry *Insane ranting + shorts + sandals can leave room for interpretation re: is this guy serious or not; insane ranting + shorts + sandals + grabbing whatever shit from a construction site is within arm's reach and throwing at people is generally-- though not always!-- pretty clear. **Possibly because we called in the middle of the night local time and he is on his way to New York to throw a piece of sheetrock at us; you know how he gets when his sleep is interrupted.

Layoffs Watch '12: Barclays

Remember when Bank of America said it was working on a little something called "Project New BAC," and it involved firing a whole bunch of employees? Barclays is apparently working on a coupla "projects" of its own.