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The Canberra Times
The Canberra Times
Peter Brewer

How ACT prison's 'flawed' banking system became one inmate's cash cow

A prisoner allegedly used the Canberra jail's own system to defraud a former victim of more than $7000. Picture by Jay Cronan

Changes to the ACT jail's "flawed" banking system recommended more than six years ago created a loophole which was exploited by a serving prisoner to slowly bleed a victim's external account.

In 2017, forensic financial auditors KPMG were called in to investigate the Alexander Maconochie Centre's banking trust account after officials noted between $10,000 and $15,000 had potentially gone missing a year earlier.

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