Bank Exec Stole £3m

Saturday, 27th June 2020 at 8:11pm

According to the Evening Standard website, a City bank executive splashed out on fast cars, designer watches, and jewellery after swindling his employer out of almost £3 million.

Simon Olver – jailed for four-and-a-half years – was employed as head of finance, accounting, reporting and tax and siphoned corporate ‘tax payments’ into his own account.

A court heard how Olver had copied his manager’s signature and was about to attempt to steal a further £1.5 million when he was arrested.

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