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Italian ‘Robin Hood’ banker sentenced over €1m stolen to give back to the poor

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Gilberto Baschiera was the bank manager in the small mountain town of Forni di Sopra in Italy, it has been reported that he allegedly stole about €1m (400 billion+) over seven years. He took small amounts from wealthy clients and transferred it to those who couldn’t qualify for a credit. But he never kept a penny for himself. Although he was caught, he avoided serious jail time by making a plea bargain with authorities.

“I have always thought that in addition to protecting savers, our task was to help those in need,” Baschiera said, according to Italian newspaper Corriere Della Serra.

He was handed a two-year sentence for his crimes since it was his first offence and the sentence is relatively short, he will not be imprisoned under Italian law.

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