Barclays bank manager has jail term for fraud cut
A Barclays bank manager from Northamptonshire who stole more than £45,000 from wealthy clients has had his jail term cut by the Appeal Court.
Liam Allmand, 27, of Floribunda Drive, Northampton, was given a four-and-a-half year prison sentence at Sheffield Crown Court in January after admitting nine counts of fraud.
Mr Justice Supperstone said his crimes had caused "very substantial losses".
However the judge reduced the sentence by more than a year to 40 months.
He said he believed the original sentence was too long.
Mr Justice Supperstone told the Appeal Court Allmand committed his crimes while working as a "premier relationship manager" for Barclays Bank in Pinstone Street, Sheffield.
Allmand looked after the accounts of some of the bank's wealthier customers, the court heard.
He used sophisticated methods to conceal his thefts, said the judge, who was sitting with Lord Justice Hughes and Mr Justice Maddison.
Allmand was only found out after an internal investigation by the bank.
The court heard Allmand used the money to "support a comfortable and lavish lifestyle".