Using and spending a client’s money without permission; 1,5 year professional disqualification

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Defendant had a close relationship with an elderly client who suffers from mild dementia. Defendant asked for money from the client, which he then spent in a casino. After that, he took money from defendant’s account without asking, for a total sum of €4750, which he also spent on gambling. After an alarm was raised about the money withdrawals, defendant tried to cover up his transgressions. The Disciplinary Commission ruled defendant’s actions to constitute a serious breach of the Bankers’ oath and sanctioned a 1,5 year professional disqualification.