Beneath the Law

How Expensing Two Sandwiches Cost a Banker His Job


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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.

Listen For

1:32 Understanding the Foundation of the Employer-Employee Relationship

6:56 The Consequences of Dishonesty and the Cover-Up

16:04 Contextual Approach and Intention in Legal Analysis

27:05 The Importance of Clear Policies and Fair Process 

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Gardiner Roberts website | Gavin email | Stephen email

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Beneath the LawBy Stories and Strategies