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Bank worker jailed after 'manic' spending spree on stolen cash

By Western Morning News  |  Posted: September 22, 2012

Rachael Martin spent thousands 'on drink, drugs and cosmetic surgery'

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A bank worker who lavished money on cosmetic surgery, drink and drugs has been jailed after stealing £46,000 in two months from her employers.

Law graduate Rachael Martin, 24, "spent money like water" after getting a job with Barclays where she was responsible for dealing with cheques from the Provident.

Jailing Martin, of Tremayne Road, St Austell, for 52 weeks, Recorder Jeremy Wright said she had demonstrated a "concerted, clever and serious breach of trust".

Mr Wright said he gave Martin credit for pleading guilty to the theft – on the day her trial was due to start – and said he had to make a judgment on whether society's interests in jailing Martin prevailed over those of her eight-year-old son.

"I am told you spent the money on cosmetic surgery, drink and drugs and having a good time," he said.

"Considering the seriousness of the crime ... it seems to me a mockery if I didn't send you to prison right away."

Truro Crown Court heard Martin had suffered "issues" since the age of 11. Her behaviour had been described as manic, and she had previously demonstrated signs of "sexual disinhibition and self-destruction", Michael Melville-Shreeve, defending.

Iain Leadbetter, prosecuting, said Martin began working at the Liskeard branch of Barclays in March 2010. Her role was to deal with agents from the Provident, taking their cheques in exchange for cash.

However, between September 2 and October 29 that year, she stole £46,000 after entering details relating to previously banked cheques into the system. She also logged incorrect sums in order to siphon off extra cash.

"She spent money like water," he said.

Extravagances included £1,687.95 at the Windsor Place dental surgery in Liskeard, and £500 on unspecified cosmetic surgery at Harley Medical. She also lavished £670 at exclusive jewellers Tiffany, and £506 on a pair of Jimmy Choo shoes.

"She spent an inordinate amount of money at a nail bar, over and over again," Mr Leadbetter added. "But it has all gone, every penny.

"During police interview, she made a complete denial (of being responsible for the theft).

"She said that she had earned a lot of money as an escort, 'a common prostitute', she said. She would go to Bristol.

"But when she did go to Bristol, it was on spending sprees."

Mr Melville-Shreeve said Martin had graduated with debts of around £21,000 and was now on the verge of bankruptcy.

"There is a medical health issue in her background. Her spending has been, quite literally, manic," he said.

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  • doowopper  |  September 24 2012, 11:05AM

    How are the police going to carry out a Proceeds of Crime Order? Ask to have her implants removed?

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