NatWest Three banker now on the ale trail

Prison Window

It is a far cry from his days as a high-flying City banker, responsible for millions of pounds of business.

The Daily Mail reports that after serving time for fraud as one of the infamous ‘NatWest Three’, Giles Darby has begun a new life running a real-ale pub – and it’s strictly cash-only.

The 50-year-old was banned from incurring new lines of credit as part of his terms of release, but that’s not the reason he can’t take credit or debit cards behind the bar at the Marlborough Arms in Cirencester, Gloucestershire.

‘The reason we can only take cash is because of this pub’s credit history,’ Darby said. ‘That makes it incredibly difficult to lease a chip-and-pin machine.’

And perhaps ironically for a man who admitted his role in defrauding NatWest, he blames the banks for that predicament.

‘Lloyds would allow me (a card machine) but they would charge me an extortionate amount,’ he said.

‘We’re a new business – we just can’t afford the bank fees. Maybe that’s karma'.

To access the complete Daily Mail article hit the link below

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