Former BOB IT manager jailed for ATM thefts

Former IT Manager at Bank of The Bahamas Renwick Bowe was returned to prison yesterday after he lost his bid to overturn his conviction and sentence for stealing $21,000 from pensioners’ accounts.

In January 2018, Magistrate Samuel McKinney sentenced Bowe to three and a half years in prison after he found Bowe guilty of stealing by reason of employment, attempted stealing by reason of employment and unauthorized use of a computer.

Bowe will serve an additional year in prison if he doesn’t repay the stolen money.

The court upheld the sentence imposed by the magistrate but gave Bowe credit for the month he spent in custody before he was granted bail pending appeal.

As manager in the information technology department, Bowe’s responsibilities included data security to protect the bank from hacking and fraudulent transactions.

Between January and February 2015, a total of $21,000 was withdrawn from the savings accounts of four customers.

As a result, the manager of loss prevention and information at the bank initiated an investigation that revealed that two test cards that were issued to Bowe from the bank’s card center had been used to make the unauthorized ATM withdrawals.

While Bowe admitted that he requested and received the test cards, he denied conducting the unauthorized withdrawals linked to those cards.

However, McKinney observed that Bowe had failed to report the test cards lost or stolen and gave varying accounts of the location of the cards when he went on vacation.

Bowe had complete access to the card platform in order to make necessary upgrades. However, the court found that Bowe abused the trust reposed in him to misappropriate money from the accounts in question.

Justices of appeal Jon Isaacs, Roy Jones and Stella Crane-Scott decided, “There was enough evidence to support the magistrate’s findings that the appellant was guilty of the charges. Furthermore, there is nothing to suggest that the magistrate took irrelevant matters into consideration or that there were any issues of fairness that affected the trial.”

Show More

Artesia Davis

Artesia primarily covers court stories, but she also writes extensively about crime.

Related Articles

Back to top button

Adblock Detected

Please support our local news by turning off your adblocker