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The Guardian - UK
The Guardian - UK
Business
Shane Hickey

Two men sentenced in UK over £1m fraud based on stolen banking letters

Bags of paper documents for recycling
The series of frauds also involved associates of Qayyum going to bank branches and impersonating victims. Photograph: John Greim/Shutterstock

Two men have been sentenced after a £1m fraud in which letters from banks were intercepted and used to steal money from people’s accounts.

Muhammed Qayyum, 42, and Abdul Khan, 30, worked together on the scheme where victims had their post stolen and then banks were contacted to get the account details changed so funds could be transferred out.

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