‘Robin Hood Banker’ avoids prison sentence

An interesting story from Germany about a banker who took a very proactive approach to wealth redistribution.

Amazing really, she didn’t in any way benefit personally from her activities, acting solely to help bank customers who were in debt. It would be fascinating to hear about her journey to making the decision to do this. 

She is now living on a “tiny pension” having lost her job. I can appreciate that the bank obviously had to fire her, but hope she will be able to get back on her feet and get past this.

From RTE News.

A German bank manager has been given a 22-month suspended prison sentence after she was found guilty of transferring €7.6m from rich customers to the accounts of indebted clients.

The 62-year-old woman, dubbed the ‘Robin Hood Banker’, was found guilty of transferring the money in 117 separate transfers over a 14-month period between December 2003 and February 2005.

As a rule the banker moved the money back when the indebted clients were solvent again.