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11 January 2008

Barclays chairman victim of identity theft

Antony Savvas, Computer Weekly

The chairman of Barclays Bank is the latest victim of identity theft.

A conman posed as Barclays chairman Marcus Agius to get a Barclaycard from call centre processing staff.

The man is then said to have walked into a high street branch of Barclays posing as the chairman, and drew out £10 000 in his name.

Barclays honoured its commitment to refund any Barclays customer who becomes the victim of identity theft, and handed the £10 000 back to its chairman.

The conman is believed to have used personal details of Agius found online to get his illicit Barclaycard.

A Barclaycard spokesman said, "It was down to human error, procedures were not followed fully and we have learned from it."

Agius said, "Credit card fraud is an issue which our industry continues to confront."

This article first appeared on the web-site of Computer Weekly, at http://www.computerweekly.com/Articles/2008/01/11/228874/barclays-chairman-victim-of-identity-theft.htm. © Reed Business Information 2008.

Lloyds TSB turns fraud-detection software on staff (8 June 2007)

Barclays and Lloyds lead online banking security drive (20 April 2007)

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