These Modern Times

by Miguel de Icaza

Priceless:

AN INGENIOUS fraudster is believed to be sunning himself on a beach after persuading leading banks to pay him more than Euro 5 million (£3.5 million) in the belief that he was a secret service agent engaged in the fight against terrorist money-laundering.

The man, described by detectives as the greatest conman they had encountered, convinced one bank manager to leave him Euro 358,000 in the lavatories of a Parisian bar. "This man is going to become a hero if he isn’t caught quickly," an officer said. "The case is exceptional, perfectly unbelievable and surreal."

Posted on 28 Oct 2005