UK Finance has announced that Said Hussain, who was a member of staff at a bank in East Ham, London, has been sentenced to five years and six months’ imprisonment for fraud by abuse of position and money laundering. This follows an investigation by specialist banking industry sponsored police unit, the Dedicated Card and Payment Crime Unit (DCPCU). UK Finance has explained that Hussain stole confidential information whilst working at the bank, and used it to order new bank cards. Some of the proceeds of crime were used to purchase watches, drones and other high value items. Hussain also enabled others to commit fraud by sharing personal details of customers with members of an organised crime group. UK Finance has confirmed that Hussain can be personally linked to approximately £615,000 of the losses of £1,201,821 which were enabled by his actions.