German Bank Manager Gives Woman Loans For Sex

A German bank manager gave loans to a woman for sex and then embezzled thousands of euros to buy the silence of her relatives.

A German court found that when the man realized he could not offer the jobless woman a loan because of her poor credit history, he offered to lend her the money personally in return for sexual favors.

The 31-year-old then stole the money from the bank, and the pair continued their arrangement for more than three years.

In total, the man diverted around $750,000 (500,000 euros) from clients' accounts, of which he gave 70,000 euros to the woman, and kept 40,000 euros for himself.

The biggest chunk of the cash went to her relatives who were blackmailing the bank manager, who was a married man with children. The manager had himself told her cousin about the 'sex deal'.

"As incredible as it sounds, that's what he told us," the court spokesman said. "The cousin was suspicious and she called him to ask how the woman had got a loan."

Bank officials uncovered the ruse after checking irregularities linked to the man's handling of other loans. He has since confessed and been given a jail sentence of three years and nine months.

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