Cops hunt bank fraudster
Posted on Tue, 10/02/2012 - 09:58 in Crime
(CNS): According to a circular released by the RCIPS, officers from the Financial Crimes Unit are conducting an investigation into the alleged misappropriation of mortgage commitment fees from the Scotia Bank and Trust Cayman Limited that has directly affected a number of police officers. In a message from the FCU to police and civilian staff, the FCU reveals that as the investigation progressed into “complexities of this internal bank fraud”, investigators found that many of the potential victims of this fraud were police officers.
No arrests have been made in the case but, according to the internal circular, the police appear to be looking for Ilsa Archibold, who CNS understands has already left the jurisdiction. On Monday evening Cayman27 reported that Scotiabank had released a statement regarding the investigation.
“We are taking this situation very seriously and our preliminary assessment indicates that no Scotiabank mortgages were affected by this incident,” the bank said. “We have notified the police and are working cooperatively with them during their investigation. We hold employees to extremely high standards and do not tolerate any actions that do not meet those standards – at the hint of wrongdoing we take swift and decisive action.”
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Coming from a place that is
Coming from a place that is letting go quite a few staff due to "performance" or requesting "resignations". They do seem to have their focus in all the wrong areas.
The bank goes through
The bank goes through internal and external audits periodically, as well as has a "competent" HR manager and a "competent" Compliance Manager. All of these people should monitor employees as well as external threats. It shows the incompetence of these staff as this is not the first high value internal theft they have experienced. There was a recent case in court early this year with two staff members which stated it was over a 3 year period. Those "senior" managers are senior alright. They should be retired and fired! Throw the internal and external auditors under the bus with them!
CIMA should put them on close watch now that this information is public and not some "dirty little secret" Scotia locked up in the closet. Scotia's internal controls seem to be the worst of all the banks on island. Two internal thefts of high monetary value revealed in one year. Makes you think that there may be quite a few more lurking around waiting to be discovered.
Blogger 16:16 I feel your
Blogger 16:16 I feel your passion, as I too knew Ilsa. if she was sick, perhaps she should had told her Employers so. If she was honest, perhaps she should deny her involvement to her employers and prove it. Perhaps if she is honest, she should let her whereabouts be known and if she is innocent, perhaps she should come back to Cayman and face the music...jush saying, perhaps! You see in the eyes of public opinion, you are guilty by your actions, before proven innocent. In the court of Law, you are innocent until proven guilty. Even then, you can be guilty, but if the evidence is not presented then you can be proven innocent, same speed. Perhaps!
GREAT people talk about
GREAT people talk about IDEAS
Average people talk about Things
small people talk about... OTHER PEOPLE
Just think about it ;)
all of you guys are
all of you guys are soooooooooooooooo ignorant... and foolish to just go by on what rumours are saying.... really??? come on people how undevolped is cayman really?
to accuse someone of doing a fraud, just because you heard this and that.... she got that possition beacause non-of you ignorant caymannians can do it... and shes really smart ever stop and think about that instead of accusing someone like your the police...
why is the bank and the police contradicting themselves for ??? first the article states that, "no scotia bank customers were affected by this" and yet again they are saying police officers were?? so a police is not a customer and yet again if they are accusing this lovely lady of such crime which i think its popostrarous. i dont think non of you should be posting any this shit... its none of your business and it doesnt concern you simple.
ever stop and think the lady might be sick or something she had to go away... not running.? if she has a house or whatever in whatever place you guys want to talk, dont you think she gets a salary? i've never seen her drinking or aanything of that matter... maybe how she got what she has is through REAL hard work and actually SAVE her money, something of which i dont think any of you can do... eccept the really cheap people.
i think none of you should judge "the book" by its cover... you should open it and really find out whats going on...
XXXXX
please just stop talking or better yet... stop spreading rumours on her when you are oblibious to the facts, because if she is, and she will be found not guilty, all your rumours were spread for no reason.. other than to hurt her loved ones.
LMAO at all your spelling and
LMAO at all your spelling and grammatical errors in defense of this smart, innocent, hard working woman who's great at saving her money!
To list a few of your errors:
eccept - except
oblibious - oblivious
popostrarous - preposterous
Regards,
Ignorant Caymanian
Ilsa...is that you? Please
Ilsa...is that you? Please turn yourself in to the Popo's. Thx
Why don't you all find
Why don't you all find something better to do with your time than to get into other people business it hasn't even been proven that she's done this crime!!!! If you were put in the situation that you were being accused of something that you didn't do wth would you do??? I think that's whats so wrong with this island now... everyone has something to say about everything... no1 actually takes the time to find out the truth... they just assume.. and assuming makes a ASS-out of- U-&-ME... In my opinion I think you all are ignorant!! and lack empathy because its very obvious that she has family here....if the shoe was on your foot you would think twice.
I just assumed you're an
I just assumed you're an idiot!
Well I consider myself an
Well I consider myself an educated Honduran, and yes I am married to a Caymanian, and I have a lot of respect for the Caymanians seeing as my Grandparents were from here. I do not know exactly what this woman did, but if the news reports are accurate then yes she should face the music as they say. However I do not know how effective the Police is with extraditing people from Honduras but i do know of an inccedent where a girl was sitting in a vehicle in West Bay with a young man who was shot and killed this girl was allowed to leave the Country and go to La Ceiba where she is now living I do not see the Police trying to get her back her??? Anyway in defence of "Mis Paisanos" we have quite a few educated Hondurans.
Far and very few in Cayman
Far and very few in Cayman
it's amazing that there are
it's amazing that there are no comments on the article about Michael Ryan taking hundreds of millions.....
Yes anon 12:20 and the
Yes anon 12:20 and the foreign nationals are grant bail to leave this jurisdiction to never return these shores. Give it a rest bro
Wow and I had a meeting
Wow and I had a meeting scheduled with Scotia for a loan as I am looking to buy a home. Nevermind... CNB or RBC or Butterfield here I come.... After all these comments I am scared to look at Scotia in fear they charge me
You should be scared. I pay
You should be scared. I pay out my a$$ every year to them in fees.
I heard that the way that a
I heard that the way that a Loan Officer steals is by letting you pay a higher charge than what you really should. Amazing!!!!
Does this mean that there is
Does this mean that there is an opening for a honest,hardworking Caymanian to fill the position?
of course...but it make take
of course...but it make take a while to fill that position..........
I don't know anything about
I don't know anything about this woman, except that she deserves due process. It's what separates civilized people from animals. So far no arrests, and no charges, but armchair critics have all but convicted this person and are using this as a pulpit to air their bigotry. CNS should not be used as a tool to spread intolerence and racism.
It appears she is the one who
It appears she is the one who doesn't want "due process". You obviously cannot arrest someone who has absconded from jurisdiction to a country without an extradition treaty.
I agree entirely, perhaps you
I agree entirely, perhaps you can try and talk some sense into her and get her to return for a trial in courts. Our court system is one of best in the world.
CNS Armchair Detectives crack
CNS Armchair Detectives crack me up
They all got excellent
They all got excellent qualfications by watching CSI and Law and Order. I, on the other hand, learned everything I know about crimefighting from Scooby Doo. I therefore suspect that alleged criminal was only posing as a teller and was in fact the elderly male owner of the business wearing a mask. He would have got away with it too, if it was not for those pesky kids.
She isn't the only one there
She isn't the only one there stealing. I keep getting charges on my credit card that i havent made. I have been through more cards with them than payments on the cards. their response is always that i must have used the card in an atm somewhere in the states that a fraudster was in charge of. what a bunch of jokers too bad she couldn't load that bank on a barge and tow it to honduras with her.
Scotia suck their systems suck and their employees suck. all untrained and unprofessional.
Go with CNB. They put a hold
Go with CNB. They put a hold on my card for $10.00. lol! I'm not complaining though as they check everything and will call you before they put through a transaction.
yeahhh that's what i thought.
yeahhh that's what i thought. then there were two fraudulent expenses on my card amounting to over $1,000, which I didn't notice until I checked my balance after withdrawing money. Some guy with the same last name overseas keying in my number didn't trigger the red flag... Fees are also pretty ridiculous but it's the norm on-island so we all have to suck it up!
Ahh...the perks of living in a banking territory.... (?)
But they charge $1.00 for
But they charge $1.00 for every CNB cheque they cash. Persons paying bills by CNB cheques may be a dollar short.
Well, instead of stuffing
Well, instead of stuffing your money under your mattress or sending it home to Jamaica, Hondurus, wherever, open an account, simple.
I think you must have posted
I think you must have posted this under the wrong post since it has nothing to do with my post re cheque cashing.
The solution is simple to
The solution is simple to apprehend Ms. Archibold. This constitutes a felonious crime, simply see it is reported to Interpol, when they distribute it within their network it will come up as a flag with U.S. border control. Next time she flies to Miami for some shopping...Presto, a little surprise at the immigration checkpoint. She will have to live from this day forward with this little worry always in the background, never being able to travel to the U.S.
You think flying to the US is
You think flying to the US is a big thing? Plenty places she can go to avoiding the US.
Maybe in this case the
Maybe in this case the Police will actually do their job properly, efficiently and timely seeing that some of the same useless door-stops are directly affected (victims) in this case.
And while I do feel sorry for those (seemingly) innocent victims of this crime, may I advise them ALL to please take note that since she (the perpetrator) was acting in her position as an Agent of the Bank, the responsibility for the theft from them is that of the Bank, and it is therefore the Bank that is responsibe to renumerate them their monies.
The BANK must make restitution to the clients who have been affected by the actions of THEIR Authorised Agent, who's actions were undertaken within the walls of the said institution.
There is only ONE real victim in this crime, The BANK. It is therefore The Bank that must seek to recover those funds from the perpetrator.
As for this particular Bank, I say that this couldn't have happened to a more deserving institution.
Your last line is a
Your last line is a classic...100% agree witcha on that part!!
Scotiabank VICTIM?? Their
Scotiabank VICTIM?? Their customers are they true victims as we get victimized every month by their ludicrous fees.
Errr....so why do you bank
Errr....so why do you bank there???
My advice to all businesses,
My advice to all businesses, next time you hire someone, hire a born Caymanian. That way, if a crime is committed, you can find them, right here in Cayman, as they have no where to run. simple!!
Little do you know, there are
Little do you know, there are lots of caymanians on the run in Honduras and jamaica.
So stop being a racist.
Now that IS nonsense. Name
Now that IS nonsense. Name them, please.
is this a joke? At least
is this a joke? At least Ilsa Archibold would have been reported and prosecuted. We have a a long history in Cayman of a hand full of Caymanians who move from job to job and steal! they never get prosecuted as they never get reported and when they apply for jobs, immigration boards insist that you have to interview them because they are a 'qualified Caymanian' looking for a job. That happens all the time folks and thats a fact. This is not all Caymanians but unfortunately we do have a few bad ones that do the rounds. They need to be reported and prosecuted.
well said bobo!!!
well said bobo!!!
Hello? RCIP can't find
Hello? RCIP can't find daytime robbers much less the ones who steal right under their noses for YEARS!
What the hell I dont
What the hell I dont understand is that when a Caymanian applies for a job they are told that their application is on file. But because they have alittle straight hair and God knows no education they qualifies. Recently I was told that this same lady was the person responsible for the hiring , and that was the reason why so many Hondurans was being employed at Scotia Bank. Now while we are at the subject the lines can be so long and simple transactions are so difficult. Caymanians do go to School longer than age 12 and should be given priority over anyone else.It is most disgusting to see their friends hanging around the Banks and the chewing up of that language SPANISH. There are so many business places now with even receptionist abusing that language. Those that employ them cant speak spanish so what do you expect? By all means they are employing uneducated people. Not because they are married to Caymanians that that should Qualify them for a job. This is the trend of the good ole Cayman now a day, God Almighty help us.
I have an MBA. That's why I
I have an MBA. That's why I thought I got my job. BUT HEY! Turns out it must be because I have a lil straight hair too and I can speak Spanish! Nice! Lemme tell more of my friends back home......
Ya joker!!!
Could be. I think there are
Could be. I think there are unemployed MBAs who don't have 'lil straight hair and can speak Spanish'.
Well you clearly intended it to be humorous, recruiting your friends back home is actually how it works.
and what you have written is
and what you have written is an example of well spoken english? wowzers....
what an ignorant comment
what an ignorant comment considering not all Honduran people are uneducated and go to school for longer than 12 years old... u sound like the uneducated one ... GET INFORMED before u talk and blame all for a few
Not all Hondurans are
Not all Hondurans are uneducated as you think, maybe 2% of Hondurans are more educated than 100% of Caymanians hahaha.
87% are
87% are
As long as you are making up
As long as you are making up percentages why not say 100%?
You are nothing more than an
You are nothing more than an ignorant racist, an embarassment to this country.
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