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Richard Roll

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Gender Male
Age 84
Date of birth October 31,1939
Zodiac sign Scorpio
Born United States
Influenced by Merton Miller
Field Financial economics
BooksGetting Yours: Financial Success Strategies for Young Professionals in a Tougher Era
United States
Behavior Of Interest Rates
Academic advisor Arnold Zellner
Job Author
Motivational speaker
Swimmer
Runner
Education University of Washington
The University of Chicago
Notable student Peter L. Bossaerts
Date of Reg.
Date of Upd.
ID1712930
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Richard Roll Life story


Richard Roll is an American economist and professor of finance at UCLA, best known for his work on portfolio theory and asset pricing, both theoretical and empirical.

Post master, were followed unreliable evidence

Jun 8,2020 3:22 am

The Post master followed about the lack of money, despite The Evidence of your own computer System could be to blame.

hundreds have been indicted, after The Horizon System showed cash deficits at their branches.

But has resulted in a BBC Panorama investigation, the Manager knew that you have problems with Horizon could disappear money.

The Post Office says that its new leadership has made changes and is working closely with The Post master.

the Postmaster of the top and bottom of the country were held responsible for The Missing money, because they allegedly had sole control over their horizon accounts.

It led to be fired, to many to go bankrupt or even to jail.

The Horizon System is designed to maintain the record of all the transactions that was said in a Post Office

But a senior Post Office Manager, back in 2011, the computer technician also had access to The System and could change The Post -master' data.

An Ernst & Young audit report, which was sent to the Post Office managing Director, says it "has weaknesses" in The Horizon System .

It warns that some of the IT staff of the "unrestricted access" to The Post master, " Horizon-accounts "can lead to the processing of unauthorized or erroneous transactions".

Panorama reported, first, that the postmaster' accounts could be accessed without your knowledge in 2015.

In 2015, the whistleblower, Richard Roll panoramic told he accessed The Horizon of data by remote access to The System to maintain,

But The Post -ride decided to the best of this type of remote access was possible, and complained to The Bbc .

It was then a Central topic in a civil lawsuit of 550 post master in the year 2017. To pay the Post Office £58m agreed to the settlement of the case in the past year.

During The Trial , The Post acknowledged a remote access without the postmaster-know was possible.

the Manager claimed they had made an honest mistake when dealing with the Panorama, because you have not been aware that remote access to Horizon, was possible.

But the program showed The Evidence of Rachel Reeves MP, who was leading a request to The Post and The Horizon of The Business select Committee .

Until April 2020, Rachel Reeves , the MP was Chairman of The Business , energy and industrial policy strategy Select Committee .

said the 2011 audit report, The Post had proposed that use remote-access to all together.

"It is very serious that The Post sat on the information told to them, and the courts and their sub-post masters had said that Other People could access your systems. "

thousands of pages of internal Post Office documents have been disclosed in the civil process-and Panorama spent months investigating previously unknown evidence.

The study shows how Post-Office-Manager ignores reports on a number of errors with The Horizon computer System .

Error logs of The Horizon -System show, that the computer could be causing a problem to secure losses

evidence from The System of The Post -convictions against post-masters like Seema Misra.

she was pregnant when she arrested and Byfleet 15 months in Prison in 2010 for stealing £74,000 from its establishment in the West.

In their attempt, The Post argues, the computer Error is not be responsible for The Missing money.

But the Panorama's internal Post Office -E-Mails, the show has seen, their legal Department said, above The Horizon Error just before your exam.

meta data shows that the Post Office 's legal team in a memo printed about the problems with Horizon

An E-Mail from the Post Office Security Team at The Criminal law Team about a bug in The Horizon computer System , the power, the money just "disappear". In one case, £30,611 missing.

The security team to say, the legal team are you worried, can the Error have cases, "impact in a future prosecution".

the attachment in the E-Mail says that "each branch occurs, The Problem with erroneous accounts".

The document has been printed from the Post Office 's legal Department, only Three Days before Seema Misra a sample, but it was never disclosed to your Defence .

Sandip Patel QC believes, panoramic evidence to suggest there was a miscarriage of justice

Barrister Sandip Patel QC told Panorama the new evidence suggests that it was a miscarriage of justice.

"it is clear that The Post material, and from my point of view, you have to place would be open, which led to the wrongful conviction of Mrs Misra had.

"There should be a thorough examination of all The Evidence , in respect of any person who may have committed misconduct in The Course of this persecution by The Post . "

Seema Misra is one of the 47 post-master, whose cases have been referred to in The Court of Appeal by The Criminal cases Review Commission (CCRC).

The CCRC has also called for a review of whether organisations such as the Post Office should be allowed to start their own law enforcement.

Postmaster Seema Misra hopes, their convictions overturned in The Court of appeal.

for More convictions could be called into question, as The Post is now the evaluation of 900 law enforcement, The Evidence on The Horizon .

The Post says she always accepts its legal obligations, has the advice while and is now conducting a further review on the revelations.

It says that it deeply regrets, to do, to examine The Risk that computer errors may be responsible for some of the deficits that have occurred.

"It is for this reason that Post -' s new CEO, Nick Read , his Number One priority in the comprehensive reform of The Post ' s relationship with his postmaster. "

The organization now has to consider new rules", the cases of all post-master, which experienced deficits, which they believe, due to bugs in earlier versions of Horizon. "

The Post also says there will be a change in culture and more transparency.

Panorama, scandal, The Post will be BST on Bbc One at 19:30 on Monday, 8. June, or watch later on iPlayer.



post office ltd, post offices

Source of news: bbc.com

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