Bank Worker Swindled Relatives Out Of Over £68K

A bank employee conned three relatives out of £68,000 by claiming she had access to lucrative investments and property deals.

Hien Ly, 40, of Sanderling Court, Abinger Grove, Deptford demanded more and more money from the family members to save the fictitious investments.

She appeared at Woolwich Crown Court where she pleaded guilty to ten counts of fraud and will be sentenced on May 11.

Ly worked at a bank branch in Greenwich High Street and between November, 2012 and May, 2019 convinced relatives she could get good rates for them. 

Once the victims were trapped into a deal with Ly, she would continue to request further funds, stating costs had changed, more finance was needed or the property or investments would be lost if more money was not paid in.

The victims lost a combined total of £68,499.

Ly was arrested at her workplace by officers on May 20, 2019 after being reported via Action Fraud.

Police Constable Stewart Bold, from the Economic Crime Team, said: “Ly used her position as a bank employee to fraudulently steal money.

“She was deemed a success by her family, which she used to gain their trust. 

“Her family members invested their money with her, believing it was not only safe, but it was going to gain them profits in the future.

“Ly did not invest any of the money and despite supplying the victims with documents showing financial returns and property purchases, she had in fact used the money to fund her own lavish lifestyle. 

“She has left the victims without savings and at a great financial loss through her greed and selfishness. 

“This case is all the more shocking given she targeted her own family in the crime.”