'Laughing fraudster' jailed for conning banks out of more than £8m

18 Nov 2009

A fraudster who impersonated bank staff to steal more than £8 million before ringing his victims and laughing at them was jailed for nine years yesterday. Frageand Naseem, 32, used a variety of accents to trick staff at high street banks into allowing him to transfer money from a host of leading companies..... continued

Naseem was arrested on April 7, 2006, in an Edinburgh internet café he had been using to send fraudulent e-mails to the Shinhan Bank in Japan.

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