ARTICLE
30 January 2024

Beneath The Law - How Expensing Two Sandwiches Cost A Banker His Job (Podcast)

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Gardiner Roberts LLP

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Gardiner Roberts LLP is a full-service law firm representing a bespoke client base, including major banks, municipalities, government entities, entrepreneurs, tech and growth companies, real estate developers, lenders, investors, innovative and community leading businesses and organizations.
You might have read the headlines. Szabolcs Fekete, a financial crime expert at Citibank was fired by the bank after claiming a two-sandwich lunch on expenses.
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In this episode we're unwrapping the tale of the Banker's Sandwich Scandal.

You might have read the headlines. Szabolcs Fekete, a financial crime expert at Citibank was fired by the bank after claiming a two-sandwich lunch on expenses. He'd claimed he ate one sandwich for lunch then ate the second for dinner.

But under closer scrutiny he admitted he had travelled with a partner and the second sandwich was for them.

But is firing the right price for this deception? Seems a high cost for a low price. In this episode Gavin and Stephen put a bit more "meat in the sandwich" so to speak and explain the rest of the story.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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