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News

Former bank employee, hubby sentenced to 30 months

BY TANESHA MUNDLE Observer staff reporter henryp@jamaicaobserver.com

Wednesday, February 01, 2012



A former National Commercial Bank (NCB) supervisor and her fiancé were each sentenced to 30 months' imprisonment on Monday after admitting to fleecing more than $15 million from the bank.

Carol Ferguson — who worked as a supervisor in the Marketing and Communication Department at the bank's New Kingston head office — and her common-law husband Victor Stewart, a 29-year-old taxi driver, were sentenced by Senior Corporate Area Magistrate Judith Pusey.

The 28-year-old Ferguson and Stewart were sentenced on charges of conspiracy to defraud and obtaining money by false pretence.

Before sentencing, Ferguson asked for her passport to be returned but Pusey told her: "You won't need it where you are going."

The court heard that between March 2009 and November last year Ferguson prepared several invoices, claiming payments for services rendered to NCB branches islandwide by a fictitious catering company, supposedly owned by Stewart.

The court also heard that Stewart took out two new accounts, one at NCB and the other at Jamaica National, to facilitate the fraud and later withdrew the funds from his accounts at various automated banking machines in Kingston and St Catherine.

Both were arrested on December 13.

Ferguson told the court on a previous occasion that she was the mastermind behind the theft and that Stewart was not aware of her plans. She also begged the court to be lenient with him.



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