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Three niche courses to help advisers expand their horizons

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Weekend Essay: Inside the mind of a financial scammer


9
th April 2021
2:00 pm
“I justified my behaviour by saying ‘the bank owes me this’,” the convicted fraudster says. “There wasn’t really any guilt.”
Paul Buck was a successful adviser who worked in Santander’s bank assurance division.
He eventually became a regional manager. But over a 10-year period Buck gambled £4.8m across 93 separate betting accounts.
He lost £1.3m and was jailed for stealing £434,000 from the bank, all due to a gambling addiction he developed.
Today, Buck is chief executive of consultancy Epic Risk Management, a business that aims to help organisations prevent gambling related harm.
His story helps take us inside the mind of a scammer, how they trick themselves into thinking they are in the right, and how they can sound so authentic when they try and rip off their latest targets – advice firms. ....

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