Nailsea bank clerk sent to jail for defrauding HSBC

Profile image for Carol_Deacon

By Carol_Deacon | Saturday, July 21, 2012, 15:05

A SENIOR bank clerk who helped himself to £200,000 from HSBC's own accounts is now behind bars, writes The Post court reporter.

Family man David York transferred the money to his personal account after his credit card debts 'spiralled out of control', Bristol Crown Court heard.

The hearing was told he was now working as a supermarket shelf stacker to help repay his debt to the bank.

York started off by taking small amounts but, as depression took hold, became increasingly brazen and paid himself sums as high as £15,000 in one go.

York, aged 47, of Fosse Way, Nailsea, pleaded guilty to three charges of fraud between March 2007 and March 2011, during which he defrauded HSBC bank of £204,912.10.

Mark Hollier, prosecuting, said York was employed at the bank since 1982 and, when his fraudulent activity was noticed, he immediately owned up.

He told investigators he would take money from the bank's miscellaneous account.

He said he would create paperwork for debits and credits, put it through the cheque clearing system which involved a distant processing centre, a machine operator would press some buttons and he would receive a credit to his own account.

Mr Hollier said: "The audit trail was easy for the bank and the police. All the debits went to the defendant's account. They just hadn't been picked up."

York sobbed as Richard Nile, defending, told the court: "He worked at the bank for more than 20 years.

"He didn't rise to the heights of manager, he rose to senior clerk.

"He rose to the top of his salary bracket, which was £23,000 annually, with an £18,000 take home.

"He has not had a pay rise for several years and is married with three children."

Mr Nile said his client had borrowed money on credit cards and the debts kept mounting.

He said: "He was unable to explain himself to his wife.

"There was no lavish lifestyle. They had their own house and holidays to Marjorca, but the apartment was paid for by his father-in-law as well as some flights, and there is a modest family car."

The court heard York took out a personal loan for £30,000 with HSBC in 2006, to "mop up" credit card debts, and still had that loan as well as £40,000 outstanding on cards.

Sentencing him to 14 months in prison, Judge Michael Harington told him: "It amounts to a serious abuse of trust."

Mr Nile said remorseful York would be losing his bank pension worth £97,000, the bank had taken out a £50,000 charge against his home and York had been paying them back £45 a month from two part-time jobs, including supermarket shelf stacker.



max 4000 characters

Latest Stories in Nailsea


Local Vouchers

  • Gluten Free Menu

    The Queen Adelaide

    Our Staff understands the needs of a Gluten intolerant diet as Sharon herself lives with it. She has developed some standard dishes on our menu, including a Gluten Free Lasagne, Gravy and a dessert.

    Terms: We suggest a quick phone call to discuss other available items in order for us to make your meal memorable and one you will remember and refer to your friends. Gluten Free Beer is also available,

    Contact: 01761 250366

    Valid until: Friday, August 22 2014

  • Organising a big party?

    Beez Neez Cotton Bunting Hire

    Add colour and style with bunting from our hire range. We currently offer local complimentary delivery and collection from our ready made cotton bunting .

    Terms: Free delivery within 10 mile radius of BS1, normal courier charges apply outside this area.
    Minimum hire order is 30 meters. All party bunting must be pre booked, from the existing selection.

    Contact: 01172449926

    Valid until: Sunday, August 31 2014


Local Jobs


Search for...

Min price is bigger than Max price
Min price is bigger than Max price
Min rent is bigger than Max rent