A Barclays bank employee, Jinal Pethad, 29, from Edgware has been jailed for six years and four months for his alleged role in the money laundering scam in which millions of pounds were stolen using Dridex malware. It is said that he conspired to launder more than £2.5 million from the branch he worked at in Ealing.
It is alleged that Pethad acted as a “personal bank manager” to cyber money launderers Ion Turcan and Pavel Gincota, and set up 105 bank accounts for them using fraudulent ID documentations.
Mark Cains, from the NCA’s National Cyber Crime Unit said, "Jinal Pethad abused his position of trust at the bank to knowingly set up sham accounts for Gincota and Turcan, providing a vital service which enabled them to launder millions. Using his knowledge of the financial system, he made sure the stolen money was not blocked before entering these accounts, and provided the pair with reports to evidence his efforts and maintain the criminal relationship. The NCA works with industry and law enforcement partners to target cyber crime at every level. We are determined to disrupt the flow of illegal money to prevent it funding further criminality."
Jinal Pethad was sentenced at the Old Bailey on 12th December.
